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January 2021

Changes in the Executive Board of Marquard & Bahls

Olaf Schulz is appointed to the Executive Board of Marquard & Bahls AG as CFO effective January 1, 2021. The Supervisory Board has been able to recruit a very experienced and respected internal candidate for the position of CFO – Olaf Schulz has been in charge of Group Controlling at Marquard & Bahls since April 2019.

CFO Lorenz Zwingmann has left the company at his own request at the end of 2020, upon the regular expiry of his contract, to focus on his supervisory and advisory board activities going forward.