Deutsche Rohstoff AG (DRAG) has renewed the expiring appointments of the management Dr. Titus Gebel and Dr. Thomas Gutschlag. The appointment of Dr. Thomas Gutschlag to the Management Board was extended by the statutory maximum term of five years up to December 31, 2018. Dr. Titus Gebel was appointed to the Management Board for another year up to December 31, 2014.

After that, he will lay down his management position at DRAG for personal reasons and at his own request and will only be available in advisory capacity and within the supervisory bodies of the subsidiaries. After he has retired from the Management Board, Dr. Gutschlag will take over the role of CEO. The Supervisory Board will decide on appointing another member to the management over the course of next year.