Marquard & Bahls AG
Changes in the Executive Board of Marquard & Bahls at Year-End 2020
Olaf Schulz is appointed to the Executive Board of Marquard & Bahls AG as CFO effective January 1, 2021. Marquard & Bahls AG CFO Lorenz Zwingmann will be leaving the company at his own request at the end of 2020, upon the regular expiry of his contract, to focus on his supervisory and advisory board activities going forward. In his capacity as CFO, Lorenz Zwingmann has driven the restructuring of the company in recent years. Among other things, the finance organization was restructured, the Marquard & Bahls Business Solution Center established, and the SAP implementation accelerated. The operating units were strengthened through important refinancing measures. In addition, a global cost saving initiative was implemented with great success under his lead management. The shareholders and the Supervisory Board would like to take this opportunity to thank Lorenz Zwingmann for his extraordinary commitment and highly successful work.
Marquard & Bahls AG is an agile, independent holding company in the energy & chemicals sector. Its core business areas include tank terminal logistics, trading, and aviation fuelling. Through its subsidiaries, Marquard & Bahls is represented in 35 countries in Europe, America, Asia, and Africa, and employs around 6,700 people worldwide. www.marquard-bahls.com Press Contact:
End of Media Release Issuer: Marquard & Bahls AG Key word(s): Energy
19.06.2020 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG. |