Eppendorf realigns Management Board structure

The position of the CEO will be filled

13-Oct-2023

Eppendorf SE returns to a structure with only one CEO (symbolic image)

Computer-generated image

Hamburg-based Eppendorf SE is realigning its Management Board structure and returns to having only one CEO. In addition, the Management Board will be expanded to include the position and function of a Chief Operating Officer (COO). The Supervisory Board of the Eppendorf Group informed about this decision.

The company and the previous Co-CEOs, Eva van Pelt and Dr. Peter Fruhstorfer, have decided by mutual agreement to end their joint collaboration. At the same time, Eppendorf is starting the search for a CEO.

Until this position is filled, Dr. Wilhelm Plüster will take on the role as spokesperson for the Management Board.

For this period of transition, the new Management Board consists of Chief Technology Officer Dr. Wilhelm Plüster (CTO), Chief Financial Officer Axel Jaeger (CFO) and the newly created position of a Chief Operating Officer (COO).

The Eppendorf Supervisory Board will appoint the COO position on October 15, 2023, with Dr. Dirk Loebermann. In addition to this function, he will be responsible for managing the programs to increase profitability and optimize the organization.

With the realignment of the Management Board, the Supervisory Board is responding to the economic challenges that Eppendorf, like all life science companies worldwide, has to face and is setting the course to maintain the company's competitiveness. This requires reducing complexity, creating shorter decision-making processes, and enabling faster implementation.

The Supervisory Board would like to express its special thanks to the previous Co-CEOs, Eva van Pelt, and Dr. Peter Fruhstorfer. They have successfully led the Eppendorf Group since December 2019 and contributed to the Group being able to expand its growth even during the pandemic. In addition, they have implemented numerous projects that are important for the successful further development of Eppendorf, such as the acquisition of the Himac centrifuge business of the Japanese Koki Holdings Co., Ltd., the consistent further development of the business portfolio and the multi-channel sales structure, and the initiation of Eppendorf's first sustainability strategy.

https://www.analytica-world.com/en/news/1181773/eppendorf-realigns-management-board-structure.html