At today's meeting the Supervisory Board of Evonik Industries AG, Essen (Germany), decided that the management structure of the Executive Board should be revised and the number of members reduced from seven to three.
Effective January 1, 2009 the Executive Board will comprise Dr. Klaus Engel (52) as CEO, Ulrich Weber (58), who will be responsible for human resources, and Heinz-Joachim Wagner (61) as Chief Financial Officer.
The Supervisory Board also appointed Dr. Wolfgang Colberg (49), currently a Member of the Board of Management of BSH Bosch und Siemens Hausgeräte GmbH, Munich (Germany), as Chief Financial Officer effective April 1, 2009. He succeeds Heinz-Joachim Wagner who will then leave the Group.
Dr. Alfred Oberholz (56) and Dr. Alfred Tacke (57), both Members of the Executive Board of Evonik, will be leaving the Group on December 31, 2008. Dr. Peter Schörner (49), currently a member of the Evonik Executive Board, will step down from this position at year-end 2008 but will remain Chairman of the Board of Management of Evonik Immobilien GmbH.