Dr. Rolf Hollander announced he is no longer a member and Chairman of the Board of Trustees of the Neumüller CEWE COLOR Stiftung, ending a contentious upper management dispute that lead to the departure of former CEO Christian Friege. The company’s announcement said Dr. Hollander’s declaration was made “to enable all those involved to return to objective and constructive cooperation.”
As previously reported, the Board of Management of the Neumüller CEWE COLOR Stiftung had determined Dr. Hollander had not achieved the majority required by the Articles of Association in the vote on his membership of the Board of Trustees at the end of November 2022. As general partner, the Neumüller CEWE COLOR Stiftung manages the business of the listed CEWE Stiftung & Co. KGaA.
Yvonne Rostock has officially begun her term as CEO of CEWE, as previously announced.