K+S Supervisory Board Unveils Leadership Shake-Up as Dr. Kreimeyer Steps Down

K+S Supervisory Board Unveils Leadership Shake-Up as Dr. Kreimeyer Steps Down

(IN BRIEF) K+S Aktiengesellschaft’s Supervisory Board has announced that Dr. Andreas Kreimeyer will not seek reappointment when his mandate expires at the Annual General Meeting on May 14, 2025. His decade-long tenure has significantly influenced the company’s strategic direction, including key initiatives such as debt reduction and governance improvements. In anticipation of this change, the board has proposed new candidates—Dr. Harald Schwager and Dr. Tilman Krauch—for election, along with the re-election of Dr. Rainier van Roessel and the early reappointment of Mr. Thomas Kölbl to ensure smooth leadership transition and continuity.

(PRESS RELEASE) KASSEL, 13-Mar-2025 — /EuropaWire/ — K+S Aktiengesellschaft’s Supervisory Board has announced that Dr. Andreas Kreimeyer, currently 70 and a highly respected former member of BASF SE’s Executive Board and Research Executive Director, will not seek reappointment when his mandate concludes at the Annual General Meeting on May 14, 2025. Over the past decade, Dr. Kreimeyer’s expert guidance and forward-thinking approach have been instrumental in shaping the Board’s strategic oversight, notably in areas such as debt reduction, international competitiveness, and governance enhancements amid evolving market conditions. His invaluable contributions have consistently ensured that the Board of Executive Directors maintained a robust and agile decision-making process.

In tandem with Dr. Kreimeyer’s departure, the Supervisory Board has put forward proposals for new member elections. Dr. Harald Schwager, 64, who brings a wealth of experience in restructuring, crisis management, and sustainability from his tenure as Deputy Chairman of a major international specialty chemicals company, is a strong candidate for the role of Supervisory Board Chairman. Alongside him, Dr. Tilman Krauch, 63, recognized for his extensive background in IT, digitalization, and strategic management from his experience on the Board of Executive Directors of a global technology firm, is also nominated. These proposals coincide with the upcoming conclusion of Mr. Markus Heldt’s term, ensuring that fresh perspectives will join the Board.

Additionally, Dr. Rainier van Roessel, 67, whose mandate expires this year, is slated for re-election to continue his contributions. In a strategic move to secure continuity amid imminent leadership transitions within both the Board of Executive Directors and the Supervisory Board, the early reappointment of Mr. Thomas Kölbl, 62, as Chairman of the Audit Committee and Deputy Chairman is being recommended. Mr. Kölbl’s new term will extend from the close of the 2026 Annual General Meeting until 2029, marking a cumulative tenure of twelve years, during which he is expected to play a pivotal role in navigating the upcoming organizational changes.

About K+S

We make an important contribution to society: We enable farmers securing the world’s food supply. Our products keep numerous industries running. We enrich consumers’ daily lives and ensure safety in winter. With around 11,000 employees, production sites on two continents, and a global distribution network, we are a reliable partner for our customers. At the same time, we are realigning ourselves: We are focusing even more strongly than before on fertilizers and specialties. We are becoming leaner, more cost-efficient, more digital, and more performance-oriented. On a solid financial basis, we are tapping into new markets and business models. We are committed to our responsibility towards society and the environment in all regions in which we operate.

Media Contacts:

Press Relation:

Michael Wudonig
Phone: +49 561 9301-1262
michael.wudonig@k-plus-s.com

Investor Relations:
Julia Bock, CFA
Phone: +49 561 9301-1009
julia.bock@k-plus-s.com

SOURCE: K+S Aktiengesellschaft