Leifheit Aktiengesellschaft: Leifheit sets course for the future in the Board of Management

Leifheit sets course for the future in the Board of Management

• Supervisory Board extends contract of Thomas Radke as CEO
• Ansgar Lengeling appointed to the Board, responsible for Operations 
• Prudent planning of senior management succession

Nassau, 5 July 2016 - Leifheit AG sets course for the future in its Board of Management. With decision by the Supervisory Board of 24 June 2016, the term of Thomas Radke (54) has been extended by three years until 31 December 2019. He will continue as CEO of Leifheit AG and will remain responsible for marketing, sales, research & development and human resources, as well as for the divisions Soehnle, Herby and Birambeau.

Further, the Supervisory Board assigned a new head of Board Department Operations, appointing Ansgar Lengeling (50) to the Board of Management, effective not later than 1 January 2017. He will be responsible for purchasing, production, logistics and quality management and thus take over the Board Department Operations from Dr Claus-O. Zacharias (62). Until his planned retirement in 2017, Dr Claus-O. Zacharias will remain in charge of finance, controlling, IT and legal/audit in the Management Board.

"With implementing its strategy 'Leifheit 2020', initiated by Thomas Radke, Leifheit has made good progress and has become increasingly successful. By extending his contract and appointing Ansgar Lengeling, we provide both continuity and further development at the top, ensuring continuous sustainable success. At the same time, we thank Dr Claus-O. Zacharias for his outstanding management of the board department operations throughout the recent years", says Helmut Zahn, Chairman of the Supervisory Board of Leifheit AG. The appointment of Ansgar Lengeling is the result of a prudent planning process for succession of the Board Departments of Dr Claus-O. Zacharias. "Given the increasing importance of supply chain, we are pleased to gain a recognized expert for our company, who can build on the successful work of Dr Zacharias" said Zahn further.

Previously, Ansgar Lengeling was responsible for production, logistics, purchasing and quality management at the power tools division in the Robert Bosch Home & Garden business unit. Further, he was in charge of its production plants in Hungary and England. Prior to this, he worked for many years as plant manager at Bosch Power Tools in China. Ansgar Lengeling holds a degree in mechanical engineering at the Technical University of Karlsruhe as well as an additional MBA.

"We are pleased to welcome Ansgar Lengeling, an extremely experienced colleague, who perfectly complements our board tandem with his expertise and long-standing as well as very broad experience in many business areas", says Thomas Radke, CEO of Leifheit AG.

About Leifheit

Leifheit AG, founded in 1959, is one of the leading European brand suppliers of household items. The company stands for high quality, innovative products with great utility and pioneering design in the sectors of cleaning, laundry care, kitchen goods and wellbeing. Leifheit and Soehnle are among the best-known brands in Germany. In addition to the Brand Business, Leifheit AG operates in the service-oriented Volume Business via its French subsidiaries Birambeau and Herby. The Leifheit Group and its international branches combined have around 1,000 employees. More information on Leifheit is available online at www.leifheit-group.com, www.leifheit.de, www.soehnle.de.

Contact:
Leifheit AG
D-56377 Nassau
ir@leifheit.com
+49 2604 977218