Press Releases

Change in management at CWS-boco International

06/14/2010

Haniel Corporate Division prepares strategic realignment

Duisburg, 14 June 2010. Dr Matthias Daum, COO of CWS-boco International, and the CFO, Dr Oliver Wolff, today asked Haniel’s Management Board to terminate their contracts for personal reasons. With Maximilian Teichner having become the new CEO back in April, there is now a completely new team heading up CWS-boco International.

Dr Matthias Daum has been a member of the management since 2002 and, during this time, consistently improved the international logistics and service network. Dr Oliver Wolff has been responsible for Finance, Controlling, Accounting and Risk Management since 2009. “We would like to thank Dr Daum and Dr Wolff for their excellent work, and for the lasting developments they have initiated,” emphasises Stefan Meister, Haniel Management Board member responsible for the Corporate Division. “At the same time, we are pleased that we were able to fill these vacant positions with experienced managers from our own ranks. With this new team, we are in a good position to press ahead with the strategic realignment of the company.”

Familiar with the business model
As from now Matthias Daum’s successor will be Peter Taylor, who until now has been responsible for CWS-boco’s business activities in China and has worked for the company since 2004. Prior to this, the New Zealand-born 42-year old worked for various companies, including the Unilever Group where he worked for several years – most recently as a Management Consultant for the Supply Chain Management division.

Wolff will leave the company on 31 July, but will continue to serve CWS-boco in an advisory capacity up until the end of the year. Philipp Neuhaus will take over Oliver Wolff’s responsibilities with effect from 1 August 2010. He will also continue in his role as CFO of CWS-boco Germany after this date. The 44-year-old joined the Haniel Group eight years ago and occupied managerial positions at the then Xella Corporate Division until October 2009. Neuhaus is married and has three children.