Change in the Management Board at Wuppermann

Leverkusen, 10.12.2024 - The Wuppermann Group is facing a change in the top management. CEO Johannes Nonn will leave the company at his own request on 31 March 2025 and retire. As his successor, Oliver Alexander Rechtsprecher will join the Management Board of Wuppermann AG on 1 January 2025 - initially as Chief Operating Officer (COO). From April 2025, the business graduate will also assume all of Mr Nonn's other responsibilities as Spokesman of the Management Board.

Oliver Alexander Rechtsprecher began his career at Thyssenkrupp Steel Europe AG in 2005 and moved to the management of Benteler Distribution GmbH & Co. KG in 2014. Mr Rechtsprecher has been Managing Director of Chemical Distribution since 2018.

"Johannes Nonn has led our family business through the economic challenges of the past six and a half years in outstanding fashion. Together with him, we were able to write the most economically successful year in the company's history in 2021. On behalf of the Supervisory Board, I would like to thank him for his commitment and wish him all the best for his retirement. At the same time, we are delighted that we have been able to recruit Oliver Alexander Rechtsprecher for the Wuppermann Group. In him we have found an entrepreneurial and dynamic personality with extensive experience in the steel industry. We are sure that he will lead the Wuppermann Group successfully into the future", explains Dr C. L. Theodor Wuppermann, Chairman of the Supervisory Board of the Wuppermann Group.

"I would like to thank the Supervisory Board of Wuppermann AG, the shareholders and the employees of the Group for the trust they have placed in me. I am certain that Wuppermann will continue to operate very successfully on the market - thanks to its outstanding products and processes, but above all thanks to its committed employees," concluded Nonn.

Dr Arndt Laßmann will remain a member of the Wuppermann AG Management Board with responsibility for controlling, finance and accounting as well as IT and legal affairs.