On 27 April Mr. Hubert Keusch, the Chairman of the Supervisory Board of KHD Humboldt Wedag International AG (KHD), Cologne, informed the KHD Management Board that he will not be standing for reelection to the Supervisory Board at KHD’s annual general meeting on 18 May 2016. This is due to personal reasons. In the case of his election by the annual general meeting, he will not accept the election.
KHD has decided not to amend the agenda in order to leave the opportunity open for shareholders to either propose the election of another person to the Supervisory Board or to remove item 6a from the agenda by passing a respective resolution at the annual general meeting.
Adapted from press release by Rebecca Bowden
Read the article online at: https://www.worldcement.com/europe-cis/11052016/chairman-of-khd-supervisory-board-to-step-down-79/