The Supervisory Board of SGL Carbon SE has resolved to appoint Dr. Michael Majerus (53) as CFO effective July 1, 2014 for a three year term until June 30, 2017.

 

Susanne Klatten, Chair of the Supervisory Board of SGL Carbon SE: "With Dr. Majerus we are gaining a CFO with extensive experience in the financial and industrial markets. He will actively use his expertise for the re-positioning of SGL Group. We are looking forward to working together with him and wish him success and all the best for his new role.

 

"By mutual agreement, Jürgen Muth will step down from the Board of Management as of June 30, 2014."

 

Susanne Klatten, Chair of the Supervisory Board of SGL Carbon SE: "We would like to express our gratitude to Mr, Muth for his successful work. We wish him success and all the best both professionally and personally. In his 6 year term as CFO he has in particular put the Group financing on a solid and long-term basis.”

 

Dr. Michael Majerus was born on February 6, 1961 in Cologne and studied business administration at the University of Cologne. Following his doctorate at the University of Siegen, he commenced his professional career in 1989 in the financial controlling department at Mannesmann AG. In the following years he held various executive functions in finance-related areas within the Mannesmann Group.

 

From 1999 to 2000, as Central Divisional Director, he had responsibility for financial controlling and accounting at the Mannesmann Group. Following the acquisition by Vodafone, he held the same position for the industrial activities under the umbrella of ATECS Mannesmann AG. 

 

From the end of 2000 until 2006, he was a member of the divisional management board and CFO of the Memory Products Division at Infineon Technologies AG. After the division became a legally independent entity incorporated as Qimonda AG, he was appointed CFO and Labor Director of the company in 2006 and subsequently prepared the company's IPO on the New York Stock Exchange. Following his departure from Qimonda AG, he became a member of the management board (CFO) of PHOENIX Pharmahandel GmbH & Co KG from 2009 to 2013.