Monitchem Holdco 2 S.A.: Leadership Change at CABB: Valerie Diele-Braun to Step Down as CEO in September – Successor to Be Announced Shortly
March 14 2023 - 2:42PM
Business Wire
CABB Group today announced that CEO Valerie Diele-Braun (51)
will step down from her role as of 30 September this year to take
on a new professional challenge. She will continue her duties for
the next six months. Her successor will be announced in due
course.
“On behalf of the entire Advisory Board and the employees of
CABB, I would like to thank Valerie for her contribution to CABB’s
success during the past five years,” said Roberto Gualdoni,
Chairman of the Advisory Board. “Under her leadership, CABB has
become a more focused and resilient company, resulting in a strong
financial performance over the past years, despite the economic
uncertainty. We are pleased that Valerie will continue in her role
as CEO to ensure a smooth transition to her successor.”
“I would like to thank the entire CABB team, our clients,
partners, and our owner Permira for the great cooperation and
trust,” said Valerie Diele-Braun. “In the past years, we have
jointly transformed CABB and laid the foundation for sustainable
growth: we have invested in all our locations, developed a strong
sustainability strategy and optimised our corporate structure to
ensure we serve our clients even better. Today, CABB is ideally
positioned to further strengthen its position as a global leading
contract development and manufacturing organisation. In the coming
months, I will continue to focus on the milestones ahead before
handing over to the future CEO."
About CABB
The CABB Group is a leading Crop Science contract development
and manufacturing organization (CDMO), supplying customized active
ingredients. CABB also offers high-complexity and high-purity
chemical ingredients to customers in the Life Sciences and
Performance Materials markets. The company operates six production
sites in Pratteln (Switzerland), Kokkola (Finland), Galena (USA),
Knapsack and Gersthofen (Germany), Jining (China). With around
1,200 employees, CABB recorded an annual turnover of about €755
million in the 2022 financial year.
Language:
English
Company:
Monitchem Holdco 2 S.A.
488, route de Longwy
1940 Luxemburg
Luxemburg
Phone:
+352 2686811
ISIN:
XS1074935492, XS1074933794
WKN:
A1ZKFN
Listed:
Regulated Unofficial Market in Berlin,
Dusseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart,
Tradegate Exchange; Luxembourg Stock Exchange
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version on businesswire.com: https://www.businesswire.com/news/home/20230314005937/en/
Name: Markus Schürholz Tel: +49 151 17111875 Email:
Markus.Schuerholz@cabb-chemicals.com,
martin.reichel@cabb-chemicals.com