MOSCOW (MRC) -- Brenntag has appointed Kristin Neumann as its new CFO, effective 1 April 2022, succeeding Georg Muller who will leave the Germany-based international chemicals distributor in March, said the company.
Neumann joins Brenntag from LSG Lufthansa Service Holding, where she has been CFO since 2014, Brenntag said in a statement on Wednesday.
The current CFO Georg Muller made a personal decision to leave Brenntag at the end of March 2022 after almost 20 years with the company. During this time, he has held various management positions in the company, thereof the last ten years as CFO. Doreen Nowotne: "On behalf of the entire Supervisory Board, I would like to thank Georg Muller most sincerely for his outstanding contributions and his dedication to our company as well as for the trustful cooperation. He has played a decisive role in shaping Brenntag's development into today's role as the global market leader and, in particular, contributed to strengthening the company's financial position and to the excellent reputation that Brenntag enjoys on the capital markets today. The Supervisory Board holds Georg Muller in the highest regard, and we wish him every success in his future responsibilities and all the best."
As per MRC, Brenntag, the market leader in chemical and ingredients distribution, has completed the process of changing from a German Aktiengesellschaft (AG), or stock corporation, to a European company, or Societas Europaea (SE). The company says it is now doing business as Brenntag SE. The conversion, which was announced by the company's management and supervisory boards in 2019 and approved at its 2020 annual shareholders' meeting, came into force when it was entered into the commercial register on 1 February 2021.
As MRC informed earlier, in April 2020, Brenntag sai it had acquired the operating assets of Suffolk Solutions’ (Suffolk, Virginia) caustic soda distribution business. Financial terms of the deal have not been disclosed.
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