Composition of the Supervisory Board
The Supervisory Board has made a non-binding recommendation regarding a nominee for appointment as member of the Supervisory Board. Since Ms. Suzanne Folsom stepped down from the Supervisory Board on August 1st, 2018 due to pressing other commitments, the Supervisory Board has searched for a suitable candidate to fill the vacancy created by Ms. Folsom’s departure. The Supervisory Board is very pleased to announce that Mr. Frank P. Loehner, is prepared to join AMG's Supervisory Board. Upon appointment of Mr. Loehner, the Supervisory Board will be comprised of six (6) members. Upon his appointment, Mr. Loehner will become a member of the Audit & Risk Management Committee of the Supervisory Board.
Mr. Frank Loehner
The Supervisory Board proposes (non-binding nomination) to appoint Mr. Frank Loehner as member of the Supervisory Board with effect from December 18th, 2018 until immediately after the Annual General Meeting in 2022.
Mr. Loehner is a German national and was born in 1965. He currently serves as Director of Montagu Private Equity GmbH in Germany (Frankfurt), which post he has held since 2013. Before that he was a Managing Director at SEB AG where he served as Head of Corporate Finance Germany between 2010 and 2013.
During the period 2000-2009, Mr Loehner was Managing Director Investment Banking Division of Credit Suisse Securities (Europe) Ltd. in Frankfurt, which function followed on his tenure as Head of Corporate Accounting (Germany) of Celanese AG in Frankfurt from 1999-2000. Prior to this, Mr Loehner served as Project Leader Mergers & Acquisitions of the Corporate Center of Hoechst AG in Frankfurt from 1997-1999.
Mr. Loehner started his career as Project Leader Transaction Support Services and Audit at Arthur Andersen Corporate Finance (Frankfurt) from 1992 – 1997.
Mr. Loehner passed the German CPA exam with a degree as Witschaftsprufer and prior to that he earned degrees at the University of Passau (Diplom-Kaufman) and the University of Mannheim (Vordiplom in Betriebswirtschaftslehre).
Mr. Loehner does not own shares in the Company’s share capital.
The Supervisory Board proposes to appoint Mr. Loehner in view of his accounting and financial background, his knowledge of the chemical industry, and his extensive experience in the international financial markets and banking industry.