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Fritz Henkel Award ceremony takes place on Henkel Innovation Day

15 Feb '08
4 min read

The film world has its Oscar, and Henkel has its Fritz Henkel Award for Innovation: the highest honor conferred on Company employees.

Every year, this award is presented to teams composed of researchers, product developers and marketing experts who have achieved outstanding market success with forward-looking products.

This year's award ceremony took place on Henkel Innovation Day. Celebrated for the first time on February 14 at all Company sites in the 125 countries around the world in which Henkel operates, the global motto for this day is “Let's innovate!” Since 1982, Henkel has been challenging its employees to strive for the Fritz Henkel Award for Innovation by creating and commercializing new product ideas.

To win the award, named after Company founder Fritz Henkel (1848-1930), the ideas must show both a high degree of innovation and proven market success.

From the many proposals submitted each year, just one team from each of the three operative business sectors is selected to receive this honor for its achievements.

“Henkel actively and systematically encourages and rewards innovations. This has generated an extremely fruitful innovation culture throughout the entire Company,” said Albrecht Woeste, Chairman of the Shareholders' Committee and the Supervisory Board of Henkel KGaA, and Ulrich Lehner, chairman of the Management Board, at the award ceremony in Düsseldorf.

Speaking in unison, they stressed that “theinnovative drive of our employees is a vital factor that not only determines the quality of our products, but also ensures Henkel's long-term and vigorous success in international markets.”

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