Press Releases

Haniel Supervisory Board confirms appointment of Stephan Gemkow as new CEO

04/27/2012

  • Lufthansa Executive Board member to take over from Prof. Jürgen Kluge
  • Repayment of debt and sustainable value development remains top priority

Duisburg, 27 April 2012. Stephan Gemkow (52) will take over as the new CEO of Franz Haniel & Cie. GmbH, as decided on today by the company’s Supervisory Board in an extraordinary meeting. Gemkow will move from Deutsche Lufthansa AG, where he has held the office of Chief Financial Officer and been responsible for Aviation Services since 2006. Gemkow will take up his new post during the summer.

Gemkow: “I’m delighted with the confidence that the Supervisory Board and the Haniel family have shown in me. With its long-term focus on developing value as part of its portfolio management, Haniel has offered me an exciting challenge that I am eager to take on.

Gemkow, a business administration graduate, began his career at BDO Deutsche Warentreuhand AG in 1988. He joined Deutsche Lufthansa AG in 1990. Four years later, he moved to the USA to work as a sales manager, before returning to Germany in 1997 to take over as Head of Investor Relations. In 2001, Gemkow was appointed Senior Vice President Corporate Finance. He joined the Executive Board of Lufthansa Cargo AG in 2004. As well as his Executive Board activities, Gemkow is also Chairman of the Supervisory Boards of various Lufthansa subsidiaries and a member of the Commission of Exchange Experts.

Franz M. Haniel, Chairman of the Supervisory Board of Franz Haniel & Cie. GmbH: “We have acquired an outstanding manager in Stephan Gemkow. With his financial background and experience in managing portfolio companies, he will fit in perfectly at Haniel and be an ideal match for the challenges that lie ahead of us. The members of the managing boards and managers of our portfolio companies will find him to be a constructive dialogue partner, advisor and supporter.”

Gemkow will take over from Prof. Jürgen Kluge (58) at the helm of Haniel. Kluge became CEO in January 2010 and continued Haniel’s development as a traditional company. Under his leadership, achievements made included the reduction of debt, getting the pharmaceutical wholesaler, Celesio, back on track and the successful reorganisation of CWS-boco. Haniel: “Despite difficult conditions, Prof. Kluge has developed the holding company further and laid important foundations for its future. It is still our top priority to remain committed to the repayment of debt and sustainable value development. We owe Prof. Kluge a great debt of gratitude.”