Scholz Holding GmbH, AT0000A0U9J2

Scholz Holding GmbH, AT0000A0U9J2

19.04.2017 - 15:02:54

Scholz Holding GmbH: Martin Billhardt to leave the Management Board of Scholz Recycling GmbH

Press Release Scholz Recycling GmbH

Essingen, 19 April 2017

Martin Billhardt to leave the Management Board of Scholz Recycling GmbH With the transformation and divestment process largely completed, Scholz Group, a leading European scrap recycler and one of the largest recycling companies for ferrous and non-ferrous metal worldwide, today announced that Martin Billhardt, Chief Transformation Officer (CTO) of Scholz Recycling GmbH, will leave the company's Management Board after the maturing of his Service Agreement by 30th April, 2017. Remaining work will be handed over to his colleagues.

"With the transformation process smoothly in progress, we wish to show our deepest appreciation for all the contributions made by Martin in his position as Chief Transformation Officer. With his personality and team spirit, he has initiated the right approach needed to bring Scholz back on its path towards profitable growth", said Henry Qin, Co-CEO of Scholz Group. "I want to thank Martin on behalf of the entire Scholz team and also personally for his service for our company and wish him all the best for the future."

About Scholz A member of Chiho-Tiande Group, Scholz is a leading European scrap recycler with an impressive regional presence in Germany, Poland, Austria, the Balkans, the Czech Republic, Denmark, the United States of America and Mexico. Furthermore it is internationally one of the largest recycling companies for ferrous and non-ferrous metal.

For further information please contact: FTI Consulting - Strategic Communications Hartmut Vennen Phone: +49 (0) 69 92037 137 E-Mail: hartmut.vennen@fticonsulting.com

19.04.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English

Company: Scholz Holding GmbH Betchworth House, 57-65 Station Road RH1 1DL Redhill, Surrey

United Kingdom Phone: 0044 20 7959 2291 E-mail: infoscholz@scholz-group.com Internet: www.scholz-group.com ISIN: AT0000A0U9J2 WKN: A1MLSS Listed: Regulated Unofficial Market in Dusseldorf, Munich, Stuttgart; Open Market in Frankfurt; Wien (Geregelter Freiverkehr / Second Regulated Market)   End of News DGAP News Service

565617  19.04.2017 

@ dgap.de

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