Beiersdorf : Changes in the Executive Board of Beiersdorf AG

Hamburg, December 2, 2020 - The Supervisory Board of Beiersdorf AG appointed Astrid Hermann to the Executive Board of the Company, effective January 1, 2021. She will take over as Chief Financial Officer from Dessi Temperley (47) who is leaving the Company at the end of her three-year contract. Hermann (47) was most recently responsible for the Finance Division of the North American business at Colgate-Palmolive.

'We welcome and need Astrid Hermann's experience to realize our strategic focus on sustainable skin care, digitization and internationalization,' said Reinhard Pöllath, Chairman of the Supervisory Board. 'We thank Dessi Temperley for her energy in launching our strategy. We wish her every success in her future plans.'

For the past two years, Hermann has been Vice President of Finance North America at Colgate-Palmolive in New York. She joined the company in 2004 and previously held various senior financial positions in Germany, the UK, Switzerland and the US.

'We are pleased that we were able to win Astrid Hermann for Beiersdorf. Her many years of experience in the consumer goods business and her in-depth knowledge of international markets give her a broad perspective of the financial sector,' said Stefan De Loecker, Chief Executive Officer of Beiersdorf AG. 'I would like to personally thank Dessi Temperley for the trustful and intense collaboration over the last two years. Dessi has successfully driven many of the C.A.R.E.+ initiatives with great professionalism and dedication. I wish her all the best in her future endeavours.'

Hermann holds a Master of Business Administration from the New York University Stern School of Business, USA. She is married and has two children.