MARCH 22,2024

Prof. Dr. Frank Richter Succeeds Dr. Matthias Wolfgruber as ALTANA Chair

2024-03-22 10:43

Ruud Joosten selected as a new member of the supervisory board.

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Prof. Dr. Frank Richter. (Source: ALTANA)


ALTANA has a new chairman of the Supervisory Board. Prof. Dr. Frank Richter, who has been a member of the Supervisory Board of ALTANA AG since May 2020, has been elected to this position.

Dr. Richter, an industrial engineer and managing director of SKion GmbH takes over from Dr. Matthias L. Wolfgruber, the former chairman of the Management Board of ALTANA AG. Dr. Wolfgruber, who has been a member of the Supervisory Board since March 2016 and its chairman since May 2020, stepped down due to reaching the age limit at the end of his term.

The Supervisory and Management Boards extend their sincere appreciation to Dr. Wolfgruber for his many years of dedicated service and support for the ALTANA Group.

Ruud Joosten, who has been CEO of the Executive Board of Royal BAM Group since 2020, was newly elected to the Supervisory Board. Ulrich Gajewiak and Dr. Susanne Klatten continue in their roles as deputy chairpersons of the Supervisory Board.

“We express our heartfelt gratitude to Dr. Wolfgruber for his exceptional support and valuable impetus throughout the years and wish him the very best in his future endeavors," said Martin Babilas, CEO of ALTANA AG. “Simultaneously, we warmly welcome Mr. Joosten to the ALTANA AG Supervisory Board. We are delighted to have Prof. Dr. Richter assume the chairmanship. His many years of experience and expertise will enrich the company.”

“I look forward to building on the trusting collaboration we’ve had thus far and accompanying the ALTANA Group’s journey ahead as chairman of the Supervisory Board,” said Dr. Richter. "The potential of this company is truly remarkable. I’m very happy to contribute to its further success and sustainable development.”


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