Personnel Changes in the Executive Board of Wirthwein AG

The new Executive Board of Wirthwein AG as of January 1, 2021: Dr. Ralf Zander (Finance), Marcus Wirthwein (Sales and Spokesman of the Executive Board) and Holm Riepenhausen (Technology). (from left)

Marcus Wirthwein takes over sales department –
Holm Riepenhausen new Chief Technology Officer –
Frank Wirthwein resigns from Executive Board at the end of the year

 

Creglingen. Following the appointment of Dr. Ralf Zander as Chief Financial Officer as of July 1, 2020, there will be further changes in the Executive Board of Wirthwein AG at the upcoming turn of the year. Present Chief Technical Officer Marcus Wirthwein will assume responsibility for the sales sector, which his brother Frank Wirthwein has been responsible for up to now. The international business economist Frank Wirthwein will leave the Executive Board of Wirthwein AG as of 2020-12-31 and will assume responsibility for "Wirthwein Interior". Dipl.-Ing. Holm Riepenhausen will be appointed Chief Technical Officer.

The change that has begun will be continued in the new year, as the Wirthwein family has taken the strategic decision to control Wirthwein AG exclusively by the Supervisory Board in future and to have the day-to-day business managed by directors outside the family. In concrete terms this means that Wirthwein AG is currently in the process of selecting a new Chairman of the Executive Board who will be responsible for sales. As soon as the position has been adequately filled and the person has been trained, Marcus Wirthwein will change to the Supervisory Board which he will chair. The current Chairman of the Supervisory Board, Udo Wirthwein, will then become "Honorary Chairman of the Supervisory Board".

 

Frank Wirthwein

Also on behalf of the entire Supervisory Board, the Chairman of the Supervisory Board, Udo Wirthwein, offers his thanks to his son Frank for his successful and untiring commitment as manager of Wirthwein AG with its approximately 2,500 employees since 2010. During this time, he together with the entire Executive Board has played a decisive role in establishing further business fields for the Group and positively developing acquisitions of associated companies.

Frank Wirthwein will assume responsibility for "Wirthwein Interior", which is owned by the Wirthwein family outside of Wirthwein AG. More than 1,000 employees work in the business field of interior design. Bembé Parkett GmbH & Co. KG is the largest company in this business field. Frank Wirthwein will also be a member of the Supervisory Board of Wirthwein AG./

 

Holm Riepenhausen

The future Chief Technical Officer of Wirthwein AG studied mechanical engineering at TU Darmstadt. Directly after his studies, the graduate engineer changed over to the plastics processing industry, where he has been working continuously for more than 28 years in various, always responsible positions at the same company in the automotive supplier industry - most recently as a member of the Automotive Executive Board, in which he was responsible for development. Thus, the 55-year-old Holm Riepenhausen provides optimum prerequisites for the long-term orientation of the Wirthwein family business - while at the same time allowing the company to react flexibly to constantly changing market conditions with ever new technical innovations.

Holm Riepenhausen will assume his new position as Chief Technical Officer of Wirthwein AG on January 1, 2021. Together with CFO Dr. Ralf Zander, Marcus Wirthwein is looking forward to the cooperation and welcomes Holm Riepenhausen on behalf of all employees.