Yvonne Rostock named chairwoman of Neumüller CEWE COLOR Foundation management board

Yvonne Rostock is named Chairwoman of the Management Board of the Neumüller CEWE COLOR Foundation

The Board of Trustees of the Neumüller CEWE COLOR Foundation appointed Yvonne Rostock, 50, as a future chairwoman of the Management Board (CEO). She will take over the CEO function and overall responsibility for sales in the CEWE group in the year 2023 by April 1, 2023, at the latest. She succeeds Dr. Christian Friege in these functions.

“I am very pleased that with Yvonne Rostock we have been able to attract such an experienced national and international manager for our company,” said Dr. Rolf Hollander, chairman of the Board of Trustees. “Ms. Rostock has impressively demonstrated in her 25-year career in renowned companies that she can develop and successfully transform businesses.”

Rostock has been Managing Director of the Coty Group since the beginning of 2019, where she is responsible for the Prestige and Consumer Beauty divisions in the DACH region. Before joining Coty, Rostock worked for L’Oréal for almost two decades in various management functions in Germany and abroad. She had started her career at Henkel in 1998.

The announcement follows the revelation in April that, in a rare moment of disclosure, the board of trustees of CEWE Color claimed Dr. Friege  “massively obstructed” diversity and the appointment of a woman as a board member, which led to his contract not being renewed. Later that month, 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. 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 the business of the listed CEWE Stiftung & Co. KGaA.