Supervisory Board extends contract with CFO Bernd Marx

Supervisory Board emphasizes the spirit of continuity

At today's meeting, the Supervisory Board of R. STAHL AG decided unanimously to extend the contract with CFO Bernd Marx (51) until 31 December 2020. The Supervisory Board thus rewards the successful management of the company and at the same time emphasizes the spirit of continuity and reliability in the top management.

"We are happy to extend the contract for another five years until the end of 2020 and to be continuing the excellent cooperation", says Hans-Volker Stahl, chairman of the Supervisory Board of R. STAHL AG. "Mr Marx is a co-creator of our long-term growth strategy and he is an essential part of the management. We are confident that his economic expertise and his leadership skills will contribute to the company's success in future as well."

Since 2004, Bernd Marx has been working for R. STAHL and since 1 January 2013, he has been holding the office of CFO. Besides division Finance, he is also responsible for IT, Law and Compliance, Investor Relations and M&A. His current contract will expire at the end of December 2015.


About R. STAHL - www.stahl.de 
R. STAHL is one of the world's leading suppliers of electrical and electronic products and systems for explosion protection. These products and systems prevent explosions in hazardous areas and contribute to the safety of people, machines and the environment. The portfolio ranges from products used in switching/distributing, installing, operating/monitoring, lighting and signalling/alarming, up to automation. Typical customers operate in growth industries, such as the oil & gas industry, the chemical and pharmaceutical industry and the food industry. In 2014, global sales amounting to EUR 308.5 million were generated with about 1,942 employees.

The shares of R. STAHL AG are traded on the Regulated Market/Prime Standard of Deutsche Boerse (ISIN DE000A1PHBB5).


If you have any questions, please contact:
R. STAHL AG 
Am Bahnhof 30, 74638 Waldenburg (W├╝rtt.)

Bernd Marx (CFO) 
Phone: +49 7942 943 1271

Nathalie Dirian (Investor Relations) 
Phone: +49 7942 943 1395

E-mail: [email protected]

 


2015-05-21 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
Language:English
Company:R. Stahl AG
Am Bahnhof 30
74638 Waldenburg
Germany
Phone:+49 (7942) 943-0
Fax:+49 (7942) 943-4333
E-mail:[email protected]
Internet:www.stahl.de
ISIN:DE000A1PHBB5
WKN:A1PHBB
Listed:Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich
End of NewsDGAP News-Service