By Rhea Healy2017-04-12T09:25:00+01:00
The Westfalen Group has ‘future-proofed’ its family-owned company by making some significant personnel changes to its Supervisory Board and Board of Directors.
Under the reform, the next generation of the family-owned business is preparing to take the reins as the industrial gas corporation sets its course for further growth.
In the first move, Renate Fritsch-Albert has been appointed as a member of Westfalen’s Supervisory Board. The company stressed that she will continue to be available in an advisory capacity despite this move from Senior Management.
The next move sees Alexander Fritsch-Albert, who has been in charge of Westfalen’s management division Gases Europe since the beginning of the month, welcomed to the German outfit’s Board of Directors.
He began his career with Westfalen in 2009 as assistant to Senior Management before moving to Managing Director of Westfalen Austria in May 2013.
CEO Wolfgang Fritsch-Albert signified the importance of the personnel shuffle and explained, “These foundations for the generational succession form the basis for achieving our goals. These are sustainable and profitable growth, and future-proofing our family company.”
Westfalen AG has declared that it is “back on the road to success” after revealing a mammoth increase in earnings before tax (EBT) revenue in its 2015 full-year financial results.
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