Description

The Supervisory Board of Villeroy & Boch AG has resolved the expansion of the Management Board to four members with effect from 1 May 2012. The Supervisory Board appointed Nicolas Luc Villeroy, Head of the Tableware Division since 2005, to the Management Board member responsible for Tableware Division. Andreas Pfeiffer, Head of the Bathroom and Wellness Division since 2008, has been appointed as the Management Board member responsible for Bathroom and Wellness. The aim of the expansion of the Management Board is to reflect the growing complexity and internationalisation of the Group’s operating business and to involve the two divisions and their managers at Management Board level. Chief Executive Officer Frank Göring, who was previously also responsible for the operational units at Management Board level, will now be able to focus on strategic corporate planning and shaping the future of the Group to a greater extent. Jörg Wahlers will continue to be responsible for Finance and Human Resources.