The Supervisory Board of Pfleiderer Grajewo S.A. has decided to hand over all operational functions to Michael Wolff, the CEO of the Group, on an interim basis, as the company said in the press release received by Lesprom Network.
Dr Gerd Schubert, Chief Operational Officer (COO), is going to leave the Management Board with immediate effect. Michael Wolff will run operations in addition to its direct functions until a new COO has been appointed.
The decisions of the Supervisory Board are associated with the organizational and operational integration of the former Core East and Core West business units in order to finalize multi-level cooperation within the Pfleiderer Group and to unlock the potential for further synergies from joint operations.
The other Board members will remain unchanged. Michael Wolff continues to be the President of the Management Board and CEO, Richard Mayer acting as CFO, Rafał Karcz being the CAO (Chief Administration Officer) and Wojciech Gątkiewicz as the company’s CSO responsible for marketing, sales and R&D.
Pfleiderer Grajewo S.A. specializes in production of wood-based materials used in furniture, interior and construction industries.