VERBIO Vereinigte BioEnergie AG / Key word(s): Change of Personnel
27.10.2010 17:25
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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The issuer is solely responsible for the content of this announcement.
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* VERBIO Vereinigte BioEnergie AG expands its Management Board and
re-assigns Management Board responsibilities
* Chief Technical Officer and co-founder of VERBIO, Dr Georg Pollert, hands
over responsibilities to two long-serving employees
* Contract with CEO Claus Sauter is renewed
Zörbig/Leipzig, 27 October 2010 - The Supervisory Board of VERBIO
Vereinigte BioEnergie AG - ISIN DE000A0JL9W6 - appointed Bernd Sauter (41)
as new member of the Management Board responsible for purchasing and
logistics effective 1 November 2010. Since the acquisition of the majority
of shares in Märka GmbH, a purchasing and logistics company operating in
the agricultural sector, these activities are set to become more
strategically important within the VERBIO-group.
The Supervisory Board approved the request of the Chief Technology Officer
and co-founder of VERBIO, Dr Georg Pollert (62), to leave the Management
Board of VERBIO when his current term of office ends in May 2011. Effective
19 May 2010, the Supervisory Board has appointed the following to succeed
Dr Georg Pollert for a period of three years on the Management Board:
Theodor Niesmann (42) for the Biodiesel segment and Dr Oliver Lüdtke (45)
for the Bioethanol/Biogas segment.
The contract with Claus Sauter, CEO of VERBIO AG, which also expires in May
2011, is to be extended by five years.
The Management Board and Supervisory Board will recommend to the 2011
Annual General Meeting that Dr Georg Pollert be elected to the Supervisory
Board. As a result of his successful activities and excellent expertise in
the areas of plant construction and research and development, Dr Georg
Pollert will continue to contribute his extensive understanding and
detailed knowledge in these areas while providing recommendations for
action with respect to the activities of VERBIO.
About VERBIO Vereinigte BioEnergie AG (VERBIO)
The VERBIO group is one of the leading producers and suppliers of biofuels
and also the only industrial-scale producer of biodiesel, bioethanol and
biogas in Europe. Nominal capacity currently amounts to around 450,000 tons
of biodiesel and 300,000 tons of bioethanol per year. VERBIO is also
currently using biogas projects to recycle waste materials from the
production of bioethanol. The company developed its own processes and
innovative technologies for the production of biodiesel, bioethanol and
biogas. It supplies its products directly to European mineral oil
companies, mineral oil traders, independent gas stations and haulage
companies. VERBIO AG also markets high-quality pharma glycerine for the
consumer goods and cosmetic industries (glycerine is a by-product of
biodiesel production). VERBIO Vereinigte BioEnergie AG acts as the
management holding company within the Group. The Group's operating business
is run by its subsidiaries VERBIO Diesel Bitterfeld GmbH & Co. KG, VERBIO
Diesel Schwedt GmbH & Co. KG, VERBIO Ethanol Schwedt GmbH & Co. KG and
VERBIO Ethanol Zörbig GmbH & Co. KG. VERBIO shares (ISIN DE000A0JL9W6 / WKN
A0JL9W) have been listed on the Prime Standard of the Frankfurt Stock
Exchange since October 2006.
Kontakt:
VERBIO Vereinigte BioEnergie AG
Augustusplatz 9
04109 Leipzig
Anna-Maria Schneider
Investor Relations
Tel: +49(0)341/30853094
Fax: +49(0)341/30853098
E-Mail: ir@verbio.de
Frank Strümpfel
Public Relations
Tel: +49(0)341/30853063
Fax: +49(0)341/30853099
E-Mail: pr@verbio.de
27.10.2010 17:25 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: VERBIO Vereinigte BioEnergie AG
Augustusplatz 9
04109 Leipzig
Deutschland
Phone: +49 (0)341 30 85 30 90
Fax: +49 (0)341 30 85 30 98
E-mail: ir@verbio.de
Internet: www.verbio.de
ISIN: DE000A0JL9W6
WKN: A0JL9W
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in München, Düsseldorf, Berlin, Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: VERBIO Vereinigte BioEnergie AG: VERBIO Vereinigte BioEnergie AG expands its Management Board and re-assigns Management Board responsibilities, Chief Technical Officer and co-founder of VERBIO, Dr Georg Pollert, hands over responsibilities
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