Following the recent announcement of a planned realignment of the organizational structure of Pfleiderer AG, executive board member Dr. Robert Hopperdietzel said he will step down effective Nov. 15. Dr. Hopperdietzel, who was deputy chairman of the executive board, was responsible for the areas of Technology and Operations/Plants, and most recently also for Business Center Western Europe. The supervisory board accepted his decision in its meeting held yesterday.
behalf of the supervisory board and the executive board, Chairman of the
Supervisory Board Ernst-Herbert Pfleiderer expressed his regret about the
departure of Dr. Hopperdietzel and thanked him for his successful efforts and
involvement in the positioning of the Pfleiderer Group in recent years, as well
as for his "consistently good and loyal collaboration."
Hopperdietzel's tasks will now be performed by the other members of the
executive board: Hans H. Overdiek, chairman of the executive board and ceo,
Heiko Graeve and Pawel Wyrzykowski. "We assume that the organizational
restructuring will result in savings in excess of EUR10 million," Overdiek
Executive board member to step down from Pfleiderer
November 10, 2009