Change on the Executive Board of Forbo Group 25.11.2022, 19:15 Uhr von EQS News Jetzt kommentieren: 0

Werte zum Artikel
Name Aktuell Diff. Börse
Forbo Holding 803,00 EUR -1,23 % Lang & Schwarz

Forbo Holding AG / Key word(s): Miscellaneous
Change on the Executive Board of Forbo Group

25-Nov-2022 / 19:15 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.


MEDIA RELEASE
AD HOC announcement pursuant TO ARTICLE 53 of the six exchange regulation listing rules

Michael Schumacher, Chief Executive Officer of Forbo Group, will leave the company as of November 30, 2022. Jens Fankhänel, currently member of the Board of Directors of Forbo, will become his successor.

Baar, November 25, 2022

The current Chief Executive Officer of Forbo Group, Michael Schumacher, will leave the company as of November 30, 2022. This decision was made by mutual agreement between Michael Schumacher and the Board of Directors due to differing views regarding the strategic direction of the company. 

«We thank Michael Schumacher for his great commitment and wish him all the best for the future», says This E. Schneider, Executive Chairman of Forbo Group.

The newly designated Chief Executive Officer of Forbo Group is Jens Fankhänel. He will assume his role by March 1, 2023. In the meantime, This E. Schneider will take over the function on an ad interim basis. 

Jens Fankhänel is a German citizen and currently the CEO of Kardex Group as well as a member of the Board of Directors and the Strategy Committee of Forbo Group. He has many years of experience in the successful management of international, listed industrial companies. With his appointment as CEO he will resign as a member from the Board of Directors of Forbo at the next Ordinary General Meeting.

This E. Schneider notes: «We are pleased to be able to appoint an extremely qualified and future-oriented industrial manager as our new Chief Executive Officer. With his impressive track record, his expertise and leadership experience, he is perfectly suited for this role».

The Board of Directors wishes Jens Fankhänel much success for his new task.

Forbo expects a Group profit of around CHF 100 million for 2022.
Despite the challenging environment, the company will continue to consistently pursue its strategy. Thanks to Forbo’s successful business development over many years as well as its solid and sound financial foundation, the company is well prepared for the challenges ahead to ensure long-term success.

Forbo will provide a full report on its business performance for 2022 on the occasion of the company’s media and financial analysts conference on March 2, 2023.

Forbo is a leading producer of floor coverings, building and construction adhesives, as well as power transmission and conveyor belt solutions. Forbo’s linoleum floor coverings are made from natural raw materials. They are biodegradable and CO2-neutral (cradle to gate), without off-setting. In the manufacture of its heterogenous vinyl floor coverings, Forbo uses phthalate-free plasticizers of the latest generation. Vinyl floor coverings also contain up to 25% recycled material in relation to their total product weight. The BioBelt™ is a biologically degradable conveyor belt made largely from renewable, plant-based materials. The AmpMiser™ conveyor belt enables energy savings and therefore also a reduction in CO2 emissions of up to 50%. 
For Forbo as a responsible manufacturer, the careful use of all resources for a sustainable future is a guiding principle.

Forbo employs more than 5,700 people and has an international network of 25 sites with production and distribution, 6 fabrication centers, and 49 sales organizations in a total of 39 countries around the world. The company generated net sales of CHF 1,254.0 million in the business year 2021. Forbo is headquartered in Baar in the canton of Zug, Switzerland.
Forbo Holding Ltd is listed on SIX Swiss Exchange (security number 354151, ISIN CH0003541510, Bloomberg FORN SW, Reuters FORN.S).

Contact person:
This E. Schneider
Executive Chairman
Phone +41 58 787 25 49
www.forbo.com
www.forbo.com –> Sustainability



End of Inside Information
Language: English
Company: Forbo Holding AG
Lindenstrasse 8
6341 Baar
Switzerland
Phone: +41 58 787 25 25
Fax: +41 58 787 25 20
E-mail: info@forbo.com
Internet: www.forbo.com
ISIN: CH0003541510
Valor: 354151
Listed: SIX Swiss Exchange
EQS News ID: 1498131

 
End of Announcement EQS News Service

1498131  25-Nov-2022 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1498131&application_name=news&site_id=boersennews
Kommentare (0) ... diskutiere mit.
Werbung

Handeln Sie Aktien bei SMARTBROKER+ für 0 Euro!* Profitieren Sie von kostenloser Depotführung, Zugriff auf 29 deutsche und internationale Börsenplätze und unschlagbar günstigen Konditionen – alles in einer innovativen, brandneuen App. Jetzt zu SMARTBROKER+ wechseln und durchstarten!

*Ab 500 EUR Ordervolumen über gettex. Zzgl. marktüblicher Spreads und Zuwendungen.

k.A. k.A. k.A. k.A.
k.A. k.A. k.A. k.A.
k.A. k.A. k.A. k.A.
Schreib den ersten Kommentar!

Dis­clai­mer: Die hier an­ge­bo­te­nen Bei­trä­ge die­nen aus­schließ­lich der In­for­ma­t­ion und stel­len kei­ne Kauf- bzw. Ver­kaufs­em­pfeh­lung­en dar. Sie sind we­der ex­pli­zit noch im­pli­zit als Zu­sich­er­ung ei­ner be­stim­mt­en Kurs­ent­wick­lung der ge­nan­nt­en Fi­nanz­in­stru­men­te oder als Handl­ungs­auf­for­der­ung zu ver­steh­en. Der Er­werb von Wert­pa­pier­en birgt Ri­si­ken, die zum To­tal­ver­lust des ein­ge­setz­ten Ka­pi­tals füh­ren kön­nen. Die In­for­ma­tion­en er­setz­en kei­ne, auf die in­di­vi­du­el­len Be­dür­fnis­se aus­ge­rich­te­te, fach­kun­di­ge An­la­ge­be­ra­tung. Ei­ne Haf­tung oder Ga­ran­tie für die Ak­tu­ali­tät, Rich­tig­keit, An­ge­mes­sen­heit und Vol­lständ­ig­keit der zur Ver­fü­gung ge­stel­lt­en In­for­ma­tion­en so­wie für Ver­mö­gens­schä­den wird we­der aus­drück­lich noch stil­lschwei­gend über­nom­men. Die Mar­kets In­side Me­dia GmbH hat auf die ver­öf­fent­lich­ten In­hal­te kei­ner­lei Ein­fluss und vor Ver­öf­fent­lich­ung der Bei­trä­ge kei­ne Ken­nt­nis über In­halt und Ge­gen­stand die­ser. Die Ver­öf­fent­lich­ung der na­ment­lich ge­kenn­zeich­net­en Bei­trä­ge er­folgt ei­gen­ver­ant­wort­lich durch Au­tor­en wie z.B. Gast­kom­men­ta­tor­en, Nach­richt­en­ag­en­tur­en, Un­ter­neh­men. In­fol­ge­des­sen kön­nen die In­hal­te der Bei­trä­ge auch nicht von An­la­ge­in­te­res­sen der Mar­kets In­side Me­dia GmbH und/oder sei­nen Mit­ar­bei­tern oder Or­ga­nen be­stim­mt sein. Die Gast­kom­men­ta­tor­en, Nach­rich­ten­ag­en­tur­en, Un­ter­neh­men ge­hör­en nicht der Re­dak­tion der Mar­kets In­side Me­dia GmbH an. Ihre Mei­nung­en spie­geln nicht not­wen­di­ger­wei­se die Mei­nung­en und Auf­fas­sung­en der Mar­kets In­side Me­dia GmbH und de­ren Mit­ar­bei­ter wie­der. Aus­führ­lich­er Dis­clai­mer