Leifheit Aktiengesellschaft announced that Ivo Huhmann, since April 1, 2017 member of the Board of Management and Chief Financial Officer (CFO), departs from the company by the end of his contract term on March 31, 2020. As a part of the efficiency measures of the Leifheit Group, the Supervisory Board decided to reduce the size of the Management Board from three to two members, effective with the departure of Mr. Huhmann. Henner Rinsche, Chairman of the Board of Management and CEO of Leifheit AG since June 1, 2019, will take over the function of the CFO in personal union. In addition to Sales, Marketing and Human Resources/Legal/IP, he will also be in charge of the departments Finance, Controlling and Business Processes/IT in the future.