(PRESS RELEASE) MANNHEIM, 3-May-2022 — /EuropaWire/ — FUCHS PETROLUB SE (ETR: FPE3), the world’s largest independent lubricant manufacturer, has announced changes at its Executive Board. Isabelle Adelt (38) will succeed Dagmar Steinert (57) as the new CFO and a member of the Executive Board at FUCHS PETROLUB SE. Dagmar will leave the company at the end of the year assuming a new role as Chief Financial Officer in another company. Isabelle is coming from SCHENCK PROCESS HOLDING in Darmstadt where she held a management position.
Dagmar Steinert has been with FUCHS PETROLUB for nine years and has been a member of the Executive Board as CFO since January 2016. In addition to the classic CFO areas, she is also responsible for legal affairs, investor relations and digitalization. The Supervisory Board and Executive Board would like to thank her very much for her valuable contribution to the further development of her areas of responsibility and wish her all the best for the future.
Isabelle Adelt is taking over Dagmar Steinert’s area of responsibility and will join the Executive Board of FUCHS PETROLUB as the new CFO in the 4th quarter. After several years with a renowned consulting firm in the field of performance improvement, Isabelle Adelt worked for ZEISS in various management roles in the finance area in Europe and Asia for almost seven years. Isabelle Adelt is highly skilled in digitalization and has been responsible for controlling, risk management and investor relations at SCHENCK PROCESS HOLDING since 2019.
This change leads to a significant rejuvenation of the Executive Board and sets a clear focus on the topics excellence in finance, performance management, digitalization and internationality.
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FUCHS develops, produces and markets high-grade lubricants and related specialties for virtually all industries and areas of application. The company, which was founded in Mannheim in 1931, employs around 6,000 people worldwide at 57 operating companies. FUCHS is the world’s largest independent lubricant manufacturer. The most important markets in terms of sales revenue are Western Europe, Asia and North America.
SOURCE: FUCHS PETROLUB SE