Resolutions of the Sartorius Supervisory Board

Rainer Lehmann appointed to the Executive Board

22-Feb-2017 - Germany

The supervisory board of Sartorius AG approved the Executive Board’s recommendation to submit a proposal to the Annual Shareholders’ Meeting on April 6, 2017, to raise dividends to 0.46 euros per preference share and to 0.45 per ordinary share. Prior-year dividends, adjusted by the stock split that was implemented in June 2016, were 0.38 euros and 0.37 euros per preference share and ordinary share, respectively. If approved, the total amount disbursed under this proposal would thus rise 20.5% to 31.1 million euros from 25.8 million euros a year earlier.

In addition, the Supervisory Board appointed Rainer Lehmann to the Executive Board of Sartorius AG, effective March 1, 2017. He succeeds Jörg Pfirrmann, who had announced in October 2016 that he would not be available for an extension of his term on the Executive Board. By mutual consent, Jörg Pfirrmann will resign effective February 28, 2017, from his position on the Board for overseeing the Finance, Human Resources Management and Information Technology functions. Rainer Lehmann will take over responsibility on the Executive Board for Finance, as well as Information Technology and Global Business Processes.

Rainer Lehmann (41), who holds a university degree in business administration, has been working at Sartorius since 1999 in various finance positions. In 2004, he switched for two years to Biesterfeld AG, where he headed Group Controlling. After returning to Sartorius, Rainer Lehmann took over at the helm of the Finance unit in the USA for Sartorius’ North American companies and coordinated the setup of several Group companies in Latin America. Rainer Lehmann has held Group-wide responsibility as Senior Vice President for the Business Processes unit since 2016.

In this connection, CEO and Executive Board Chairman Dr. Joachim Kreuzburg will assume leadership of the Human Resources Management unit and therefore also the position of Executive for Labor Relations in addition to performing his current Executive Board duties. Reinhard Vogt will remain in charge on the Board for Marketing, Sales and Services.

As the terms of the Supervisory Board members of Sartorius AG will expire at the end of this year’s Annual Shareholders’ Meeting, the Supervisory Board also decided on its proposals of candidates to be submitted to the Annual Shareholders’ Meeting for election of shareholder representatives to the Supervisory Board.

The following candidates have been proposed for first-time election to the Supervisory Board: Dr. jur. Daniela Favoccia, partner of the law firm Hengeler Mueller, and Ms. Ilke Hildegard Panzer, Executive Vice President and Chief Innovation Officer at the U.S. healthcare company Versiti Inc. The following people have been proposed for re-election to the Supervisory Board: Prof. Dr. Dres. h.c. Arnold Picot; Dr. Lothar Kappich; Prof. Dr. Thomas Scheper; and Prof. Dr. Klaus Rüdiger Trützschler.

https://www.bionity.com/en/news/162032/resolutions-of-the-sartorius-supervisory-board.html