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CEWE again significantly increases turnover and earnings in 2023 Earnings reports News 

CEWE again significantly increases turnover and earnings in 2023

CEWE Stiftung & Co. KGaA closed the 2023 financial year with a significant increase in turnover and earnings according to preliminary, unaudited figures: Group turnover, including pet-food maker futalis, which was sold in December 2023, increased by +6.5% to 788.8 million euros (2022: 741.0 million euros), while the CEWE Group’s operating result (EBIT) calculated in this way rose to 81.6... Read More
CEWE extends contracts of four management board members News People on the Move 

CEWE extends contracts of four management board members

CeWe Stiftung & Co. extended the contracts of four long-standing management board members that were due to expire this year. There are seven total board members. The extensions were granted to Patrick Berkhouwer, in charge of international and expansion matters; Carsten Heitkamp, responsible for production, purchasing, customer service, and logistics; Olaf Holzkaemper, chief financial officer; and Thomas Mehls, in charge... Read More
Manager magazin looks at CEWE board turmoil News People on the Move 

Manager magazin looks at CEWE board turmoil

Germany’s Manager Magazin did a long retrospective on the years-long boardroom drama at CEWE Color that lead to the departure of two top executives, Christian Friege and Rolf Hollander. The German-language article is available here (subscription required). Writer Dietmar Palan does a comprehensive history of the company’s unusual ownership structure – where the publicly held CEWE is primarily governed by... Read More
Dr. Christian Friege leaves CEWE People on the Move 

Dr. Christian Friege leaves CEWE

The Board of Trustees of the Neumüller CEWE COLOR Stiftung, the general partner of CEWE Stiftung & Co. KGaA announced Dr. Christian Friege, chairman of the Board of Management of the Neumüller CEWE COLOR Stiftung, is leaving the company at the end of the year “at his own request and in agreement with the Board of Trustees of the Neumüller CEWE... Read More
Dr. Rolf Hollander extended as CEWE chairman of the Board of Trustees News People on the Move 

Dr. Rolf Hollander extended as CEWE chairman of the Board of Trustees

The Board of Trustees of the Neumüller CEWE COLOR Stiftung announced it extended Dr. Rolf Hollander‘s term of office as a member and in his function as Chairman of the Board of Trustees for a further four years at its meeting on Nov. 29, 2022. The Board of Management of the Neumüller CEWE COLOR Stiftung is having legal concerns examined... Read More
Dr. Christian Friege appointed to CEWE Board of Management People on the Move 

Dr. Christian Friege appointed to CEWE Board of Management

CEWE Stiftung & Co. KGaA was informed by Alexander Neumüller, the beneficiary of the Neumüller CEWE COLOR Foundation and heir of the company founder, of his decision to appoint Dr. Christian Friege to the Board of Management of the Neumüller CEWE COLOR Foundation upon expiry of his current contract. As the personally liable partner, the Neumüller CEWE COLOR Foundation manages... Read More
CEWE highlights  progress in diversity News 

CEWE highlights progress in diversity

In the wake of the high-profile dismissal of CEO Dr. Christian Friege, CEWE COLOR Stiftung announced the progress the company has made for “sustainable value orientation and diversity”: “Between 2017 and 2021, the number of women in management positions increased by more than 50 percent from 95 to 146. At the management level, half of the new positions were filled... Read More
CEWE board reveals CEO departure due to conflict over diversity News 

CEWE board reveals CEO departure due to conflict over diversity

In a rare moment of disclosure, the board of trustees of CEWE Color claimed its CEO, Dr. Christian Friege  “massively obstructed” diversity and the appointment of a woman as a board member, which led to his contract not being renewed. A spokesperson for CEWE told Reuters the management board Friege chairs does not make management board appointments and that four... Read More