DGAP-News: Fuchs Petrolub AG: FUCHS PETROLUB announces a change in the guard of its Supervisory Boar

DGAP-News: Fuchs Petrolub AG: FUCHS PETROLUB announces a change in the guard of its Supervisory Board in 2011

ID: 32845

(firmenpresse) - DGAP-News: Fuchs Petrolub AG / Key word(s): Change of Personnel
Fuchs Petrolub AG: FUCHS PETROLUB announces a change in the guard of
its Supervisory Board in 2011

13.12.2010 / 12:00

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FUCHS PETROLUB announces a change in the guard of its Supervisory Board in
2011

Prof. Dr. Jürgen Strube has decided to step down from his duties as
Chairman of the Supervisory Board in order to facilitate continuity and
invigoration of the Supervisory Board. This decision will be effective at
the conclusion of the Shareholder's Meeting on May 11, 2011. During his
tenure of almost 8 years he oversaw the succession of the Chairman of the
Executive Board, increased sales and earnings as well as the complete debt
relief of the Group.

Prof. Dr. Bernd Gottschalk will also retire as a member of the Supervisory
Board during the upcoming Shareholder's Meeting in order to allow for the
invigoration of the Supervisory Board. During his tenure of 15 years he
actively followed sizeable acquisitions, the streamlining of the Group and
the succession of the Chairman of the Executive Board.

At the upcoming Shareholder's Meeting, the Supervisory Board will propose
to elect Dr. Jürgen Hambrecht, Chairman and CEO of BASF SE, and Ines
Kolmsee, Chairman and CEO of SKW Stahl-Metallurgie Holding AG, to the
Supervisory Board of FUCHS PETROLUB AG. In the case of this election, the
Supervisory Board intends to appoint Dr. Hambrecht as its Chairman. Once
more FUCHS is able to attract an outstanding entrepreneur with global
experience to become Chairman of its Supervisory Board.

Mannheim, December 13, 2010

FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Germany
Tel.: ++49 (0) 621 3802-1124

This press release can be accessed at the following web address:




http://www.fuchs-oil.com

Important note
This press release contains statements about future developments that are
based on assumptions and estimates by the management of FUCHS PETROLUB AG.
Even if the management is of the opinion that these assumptions and
estimates are accurate, future actual developments and future actual
results may differ significantly from these assumptions and estimates due
to a variety of factors. These factors can include changes in the overall
economic climate, changes to exchange rates and interest rates, and changes
in the lubricants industry. FUCHS PETROLUB AG provides no guarantee that
future developments and the results actually achieved in the future will
agree with the assumptions and estimates set out in this press release and
assumes no liability for such.


End of Corporate News


13.12.2010 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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: Fuchs Petrolub AG
Friesenheimer Str. 17
68169 MannheimDeutschland
Phone: +49 (0)621 / 3802-0
Fax: +49 (0)621 / 3802-190
E-mail: contact-de.fpoc(at)fuchs-oil.de
Internet: www.fuchs-oil.de
ISIN: DE0005790430, DE0005790406
WKN: 579043, 579040
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, Düsseldorf, Hamburg, München


End of News DGAP News-Service
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106231 13.12.2010

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Bereitgestellt von Benutzer: EquityStory
Datum: 13.12.2010 - 12:00 Uhr
Sprache: Deutsch
News-ID 32845
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