In the context of the generation change entailed by the transition in the top management and the measures to streamline the Group’s organizational structures announced within the framework of the Group-wide cost savings program “SGL2015”, the Board of Management of SGL Carbon SE will be reduced from the current five members to three members as of January 1, 2014.

In addition to Dr. Jürgen Köhler assuming the position of CEO, the current Board of Management member Armin Bruch will by mutual agreement resign and leave the company at the end of the year.

Armin Bruch, who turned 60 this year, has worked in various management positions within the Group since 2001 and has been a member of the Board of Management since October 2008. His responsibilities on the Board of Management will be divided among the remaining board members. As announced in March 2013, Theodore H. Breyer left the Board of Management as of October 31, 2013 at the age of 65.

Susanne Klatten, Chairperson of the Supervisory Board of SGL Carbon SE: “The major changes in the Board of Management of SGL Carbon are characterized by a generation change and a streamlining of the Group’s structures. In this context, I would also like to expressly thank Armin Bruch for his many years of service to the company.

"Since 2001, he has successfully developed the largest and most profitable Business Area Performance Products and guided it through difficult times. I wish him all the best for the future. I also would like to express my gratitude to Theodore Breyer, who has left the Board of Management already at the end of October.”

After these changes are implemented, the Board of Management of SGL Carbon SE will consist of three members from January 1, 2014: Dr. Jürgen Köhler (CEO), Jürgen Muth (CFO) and Dr. Gerd Wingefeld.

SGL Group