FUCHS extends Executive Board contracts of Dr. Timo Reister and Dr. Ralph Rheinboldt At its meeting today, the Supervisory Board of FUCHS PETROLUB SE decided to confirm Executive Board members Dr. Timo Reister and Dr. Ralph Rheinboldt in office for a further five years until December 2028.

With this contract extension, FUCHS secures the experience and expertise of two long-standing members of the Executive Board. Already in 2022, a rejuvenation of the Executive Board was initiated with the appointment of two new members - with a clear focus on the topics of sustainability, digitization and internationality. 'With the newly formed Executive Board team, we are excellently equipped for the future. The combination of continuity, experience and new impulses from outside will help us to master future challenges,' said Dr. Christoph Loos, Chairman of the Supervisory Board.

Dr. Timo Reister is 43 years old, has been with the company for 13 years and has been a member of the Executive Board since 2016. He is responsible for the Asia-Pacific and Americas regions as well as the Automotive Aftermarket division and, from April, the OEM and mining divisions.

Dr. Ralph Rheinboldt is 55 years old, has been with the company for 24 years and has been a member of the Executive Board since 2009. The area of responsibility includes the EMEA region (Europe, Africa and Middle East) as well as the industrial and specialty divisions.

The two new faces on the Executive Board are Isabelle Adelt (38) and Dr. Sebastian Heiner (44). Adelt took over as Chief Financial Officer (CFO) on November 1, 2022. Dr. Heiner succeeded Dr. Lutz Lindemann (1) as Chief Technology Officer (CTO) on January 2023, 62, who will leave the Executive Board at the end of March and will go into well-deserved retirement in mid-2023.

The contracts of Stefan Fuchs, Isabelle Adelt and Dr. Sebastian Heiner end at different times. The contract of Stefan Fuchs (55) runs until the end of June 2026. The contract of CFO Isabelle Adelt runs until the end of October 2025 and that of CTO Dr. Sebastian Heiner until the end of December 2025.

Contact:

Tel: +49 621 3802-1104

Email: tina.vogel@fuchs.com

About FUCHS Founded in

1931 as a family-owned company in Mannheim, FUCHS is today the world's largest independent supplier of innovative lubricant solutions for almost all industries and applications. To this day, the 6,000 employees in over 50 countries pursue the same goal: to keep the world moving sustainably and efficiently. In order to live up to this claim, FUCHS thinks in perfection and not in standards. For the development of individual solutions, the company enters into an intensive customer dialogue - and is an experienced consultant, innovative problem solver and reliable team partner at the same time.

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