- Jürgen Buchsteiner, currently CFO of Brenntag Group, will take over responsibility of Asia-Pacific and Mergers & Acquisition
- Georg Müller has been appointed as additional Member of the Management Board of Brenntag AG and will become CFO as of July 1, 2012
During the past five years Brenntag has significantly developed its operations in Asia-Pacific as part of its on-going strategy to grow in emerging markets.
In recognition of the continued development within the region and further growth opportunities Jürgen Buchsteiner, currently CFO of the Group will take over responsibility for the region on the Management Board in addition to his on-going responsibilities for the Group’s Mergers & Acquisitions function worldwide.
Georg Müller, currently Vice President Corporate Finance & Investor Relations of Brenntag Group joins the Management Board of Brenntag AG effective April 1, 2012 following today’s decision in the regular Supervisory Board Meeting. From July 1, 2012 he will take over the role as CFO from Jürgen Buchsteiner.
“We are delighted to welcome Georg Müller to the Management Board who has already made a significant contribution to the Group in Senior Management positions for nearly the past decade and has been instrumental in building Brenntag’s excellent reputation in financial markets and with investors worldwide” said Steve Holland, CEO of Brenntag AG.
The expansion of the Management Board from three to four members and additional focus on Asia-Pacific recognises the continued growth of the Group and its commitment to further develop emerging markets. Jürgen Buchsteiner, who has been pivotal in the acquisition strategy in Asia-Pacific, emphasizes the importance of the region in our medium and long term strategy.
“With the appointment of Georg Müller to the Management Board we add further capacity and expertise to an already successful Senior Management Team and position the Group to further growth” said Stefan Zuschke, Chairman of the Supervisory Board of Brenntag AG.
Brenntag is the global market leader in full-line chemical distribution. Linking chemical manufacturers and chemical users, Brenntag provides business-to-business distribution solutions for industrial and specialty chemicals globally. With over 10,000 products and a world-class supplier base, Brenntag offers one-stop-shop solutions to more than 160,000 customers. The value-added services include just-in-time delivery, product mixing, formulation, repackaging, inventory management, drum return handling as well as extensive technical support. Headquartered in Mülheim an der Ruhr, Germany, the company operates a global network with more than 400 locations in 68 countries. In 2011 the company realized global sales of EUR 8.7 billion (USD 12.1 billion) with nearly 13,000 employees.