Inside information

Changes in the Executive Board

The Supervisory Board of Alexanderwerk AG today resolved to appoint Bekim Bunjaku and Fatih Yavuz as additional members of the Executive Board of Alexanderwerk AG with effect from July 1, 2023, for an initial period of three years, i.e. until the end of June 30, 2026.

Mr. Yavuz and Mr. Bunjaku have been members of the Alexanderwerk Group for many years and were already appointed managing directors of the principal operating companies of the Alexanderwerk Group in May 2022. The appointment of Mr. Yavuz and Mr. Bunjaku as members of the Executive Board of Alexanderwerk AG forms part of the continued, consistent change in the management structure of the Alexanderwerk Group that began in May 2022.

In addition to their activities on the Executive Board, Mr. Yavuz and Mr. Bunjaku will continue to serve as managing directors in the principal operating companies of the Alexanderwerk Group. However, as of the start of their terms of office, the two gentlemen will serve under an employment contract exclusively at the level of Alexanderwerk AG.

Dr. Thomas Paul, who has been a member of the Executive Board of Alexanderwerk AG since May 6, 2022, will resign from the Company at the scheduled end of his term of office on July 31, 2023 by mutual agreement and on the best of terms. The Supervisory Board of Alexanderwerk AG would like to thank Dr. Thomas Paul for his achievements and services to the company and wishes him continued success and all the best in his private life.

Remscheid, June 7, 2023

Alexanderwerk AG
Executive Board