SGL Carbon CEO Dr. Torsten Derr to NOT Extend His Contract Beyond May 2025

On March 21, 2024, SGL Carbon SE announced a significant leadership change. CEO Dr. Torsten Derr has decided not to extend his contract with the company beyond its expiration date on May 31, 2025. This decision was communicated to the Chairman of the Supervisory Board, marking the beginning of a transition phase for SGL Carbon SE.

Dr. Derr will remain in his position until a new CEO is appointed to ensure a smooth transition, maintaining his role as the head of the company at the latest until the end of his contract. The Supervisory Board is set to start the search for Dr. Derr’s successor immediately, aiming to maintain the company’s strategic direction and operational excellence during this period of change.

This announcement underscores a period of leadership transformation for SGL Carbon SE, as the company looks forward to the next phase of its development with the impending departure of Dr. Derr.