Nivea maker Beiersdorf looking for new finance chief [Reuters]
Colgate-Palmolive Company (CL)
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Source: Reuters
Nivea maker Beiersdorf looking for new finance chief | Reuters Reuters Staff 2 Min Read BERLIN (Reuters) - Beiersdorf ( BEIG.DE ), the maker of Nivea and other skin care products, said on Thursday it is looking for a new finance chief, but declined to comment on a magazine report that said the move was due to the dissatisfaction of a major shareholder. A spokeswoman confirmed a report in the Manager Magazin monthly that the supervisory board had decided not to extend the contract of Jesper Andersen that is due to end in June, but declined to give reasons. The magazine said the driving force behind the departure of the 47-year-old Dane was Michael Herz, co-owner of the coffee chain Tchibo. The Tchibo holding company, which owns a 51 percent stake in Beiersdorf, declined to comment. Andersen, who previously worked for more than two decades at consumer products group Colgate-Palmolive ( CL.N ), was appointed to the Beiersdorf executive board in 2015 and took over from long-serving CF
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Sec Filings
- 4/18/24 - Form DEFA14A
- 4/3/24 - Form 4
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- CL's page on the SEC website