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Gerold Linzbach announces that he will not renew his contract as CEO
of Symrise AG in October 2009 |
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Corporate news announcement processed and transmitted by Hugin AS.
The issuer is solely responsible for the content of this
announcement.
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(Holzminden/Frankfurt) The CEO of Symrise Dr. Gerold Linzbach has
today informed the Supervisory Board of Symrise AG that, for personal
reasons, he does not intend to extend his contract beyond the end of
October 2009.
Reinforcing his commitment to Symrise until the end of his contract,
Dr. Linzbach said, "My decision to leave Symrise at the end of my
contract has been made for personal reasons. The business remains
strong and stable and is performing in line with market expectations.
I have given the Board my personal commitment to work with my
colleagues to continue to develop the business in the meantime and to
ensure an orderly handover to my successor."
Commenting on Dr. Linzbach's resignation, the Chairman of the
Supervisory Board, Mr Andreas Schmid, said, "The Board has
reluctantly accepted Dr. Linzbach's resignation. He has played a key
role in the development of Symrise over the past years and can be
proud of his achievements to date. The entire Board welcomes his
commitment to stay in his post until the end of October 2009. I will
immediately initiate and lead a process to find Gerold's successor."
About Symrise
Symrise is a global supplier of fragrances, flavorings and raw
materials and active ingredients for the perfume, cosmetics and food
industry.
Its sales of ¤1.27 billion in 2007 place the company among the top
four in the international flavors and fragrances market.
Headquartered in Holzminden, Germany, Symrise is represented in more
than 30 countries in Europe, Asia, the United States and South
America.
With more than 40 first patent applications per year, Symrise is one
of the most innovative manufacturers on the market. Used by
manufacturers of perfumes, cosmetics and foods, our products are an
inseparable part of daily life. At Symrise we combine an awareness of
consumer trends with cutting-edge technologies, focusing on
innovative fashion and lifestyle products that have additional
practical value for the consumer. Symrise - always inspiring more...
www.symrise.com
CONTACT:
Press: Investors:
Katja Derow Dr. Andrea Rolvering
Tel.: +49 40 46 96 77 00 Tel.: +49 69 75 93 75 94
E-Mail: E-Mail:
k.derow@redroses-pr.com andrea.rolvering@symrise.com
--- End of Message ---
Symrise AG
Mühlenfeldstraße 1 Holzminden Germany
WKN: SYM999; ISIN:
DE000SYM9999; Index: MDAX, TecDAX;
Listed: Amtlicher Markt in Frankfurter Wertpapierbörse, Freiverkehr
in Bayerische Börse München,
Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr
in Börse Berlin,
Freiverkehr in Börse Düsseldorf, Freiverkehr in Börse Stuttgart,
Prime Standard in Frankfurter Wertpapierbörse; Copyright © Hugin AS 2008. All rights reserved.
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