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[November 2009]
Utz-Hellmuth Felcht Leaves SGL Carbon SE Supervisory Board After 17 Years
SGL Carbon SE (Wiesbaden, Germany) has announced that Professor Utz-Hellmuth Felcht has resigned from the Supervisory Board as of 1 November 2009 owing to changes in his personal professional priorities.
Prof Felcht had been a member of the SGL Carbon Supervisory Board ever since its formation in 1992. From 1992 until 2004 he headed the Board as Chairman. After relinquishing the chairmanship to Max Dietrich Kley, Prof Felcht served on the Personnel Committee and later led the Strategy Committee.
Both the Supervisory Board and the Board of Management thanked Prof Felcht for having assumed such a long-standing and constructive role over so many years in supporting the company's business development as a founding member, Chairman and member of the Supervisory Board. Particular mention was made of his personal commitment in the preparation of the stock exchange listing (IPO) in 1995 and the company's resulting independence.
In his function as Chairman of the Supervisory Board, Prof Felcht was highly instrumental in guiding the company through periods of economic difficulty. The company never failed to benefit from his wide experience and expertise.
In recognition of Prof Felcht's services to the company, SGL Group also announced that it has established the ‘Utz-Hellmuth Felcht Award’. This award, endowed with €20,000, will be assigned biannually for outstanding scientific achievements in the carbon arena, either in Germany or abroad.
According to the Corporate Governance Principles of the company, the Nomination Committee of the Supervisory Board will propose a successor for rapid registration by the responsible court.
ENDS