New organizational structure in the Henkel Group / Henkel to focus on "Brands & Technologies"

14.09.2001, 11:37

Düsseldorf (PROTEXT/ots) - Following the sale of Cognis,Henkel will focus more strongly on its branded consumer productsand industrial systems and service businesses. Thisorganizational restructuring includes personnel changes at theHenkel Management Board effective January 1, 2002. In addition to the already existing business sectors Laundry &Home Care and Cosmetics/Toiletries Henkel will establish a thirdbranded consumer products business sector "Consumer Adhesives" .This new business sector and the consequent separation of thebranded consumer products and industrial systems and servicebusinesses will strengthen Henkel's market position in thebranded consumer products business. Effective January 1, 2002,the new business sector will be headed by Alois Linder (54),currently Managing Director of Henkel Ibérica, who will thenbecome a member of the Henkel Management Board. Industrial Adhesives, Engineering Adhesives and SurfaceTechnologies will also be regrouped in a new business sector -"Henkel Technologies". This business sector will be headed byGuido De Keersmaecker (58), currently Executive Vice PresidentAdhesives. The consolidation of all industrial systems andservice businesses in one business sector will create synergisticeffects within the Company and enable Henkel to serve the marketsin a more focused way. Dr. Roland Schulz (60), Executive Vice President Industrialand Institutional Hygiene/Surface Technologies/Human Resources,will retire on December 31, 2001 after 30 years of outstandingservice for the Company. Effective January 1, 2002, Knut Weinke(58) will become new Executive Vice President. He will beresponsible for Human Resources in the Management Board,alongside his current Logistics function. Henkel is a worldwide operating specialist in consumerproducts and industrial service and systems businesses withaffiliates in over 75 countries. The Company is the market leaderin Adhesives, Surface Technologies and Industrial andInstitutional Hygiene (jointly with Ecolab Inc.) on a worldwidescale. In Laundry & Home Care and in Cosmetics/Toiletries, Henkelholds a leading position in Europe. Cognis, the carved-outchemicals business, is the world's leading producer ofoleochemicals. With 60,475 employees, Henkel generated sales ofUS $ 11.8 billion in 2000. Any forward-looking statements contained in this press releaserepresent our best judgement as to what will occur in the future.The Company's actual results could differ materially from thosecontained herein and will depend on a number of competitive andeconomic factors, some of which will be outside the control ofthe Company. Notwithstanding any legal obligation to correctforward-looking statements, the Company does not intend tocontinuously update any and all of the forward-lookingstatements.

ots Original Text Service: Internet:http://www.presseportal.de

Contact: Henkel Group Corporate Communications Ernst PrimoschVice President Tel.: ++49-211-797-3533 Fax: ++49-211-798-2484ernst.primosch@henkel.com

http://www.henkel.com

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