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Stock impact report

Henkel looking for successor to CEO - Manager Magazin [Reuters]

HENKEL AG & CO KGAA PFD (HENOY) 
NASDAQ:AMEX Investor Relations: henkel.com
Company Research Source: Reuters
Henkel looking for successor to CEO - Manager Magazin - Reuters 2 Min Read BERLIN, Oct 24 (Reuters) - German consumer goods company Henkel is looking for a successor to Chief Executive Hans Van Bylen after a string of disappointing results for the maker of Schwarzkopf shampoo, Dial soap and Persil detergent, Manager Magazin reported on Thursday. The monthly magazine cited unnamed company sources as saying a committee that represents the interests of the founding family had started looking for candidates to replace Van Bylen, whose contract runs until the end of April 2021. A Henkel spokesman declined to comment. The magazine said internal candidate to take over were Jan-Dirk Auris, who runs Henkel’s adhesives business, and finance chief Carsten Knobel, although insiders said that the family would probably favour an external candidate. Henkel cut its full-year outlook in August after posting its first fall in sales in a decade as the popularity of its beauty products waned and weaker i Show less Read more
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