Hamburg, 7 December 2006. Sven Ohlzen (49), since 1998 Finance Director of Hawesko Holding AG (HAW GR, HAWG.DE, DE0006042708) and since 1992 active in leading positions within the Hawesko Group, will leave the company at the end of 2006 for personal reasons. The Board of Management and the Supervisory Board of Hawesko Holding AG regret his departure. They thank him for his accomplishments and his personal commitment and wish him all the best for the future. At its meeting today, the Supervisory Board named Ulrich Zimmermann (44) as a new member of the Board of Management effective from 1 January 2007 to take over the duties of Finance Director.

 

He has been Head of Finance and Group Controlling since 1998. Before he came to Hawesko at the end of 1998, Zimmermann - a university graduate with a degree in economics - had worked for several companies in managerial capacities in accounting and special projects, among others at Lufthansa AG and at the Japanese watch manufacturer Citizen Watch Europe. The departing Finance Director Sven Ohlzen will remain available to Hawesko Holding AG in 2007 in a consulting function.

 

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