Christian Richter appointed member of the board

Christian Richter (41) will be appointed as a new member of the board of the Uzin Utz AG from 01 October. With effect from January 2023, he will be responsible for Finance and Controlling, Compliance, Risk Management and Investor Relations, succeeding Heinz Leibundgut, who will leave the company on 31 December.

Heinz Leibundgut retires at the end of December 2022 after 23 years at Uzin Utz.
Christian Richter will become a member of the board on 01 October 2022 and will take over Heinz Leibundgut's areas of responsibility as of January 2023

Heinz Leibundgut (65), member of the board, will retire at the end of December 2022 after 23 years with the company, seven of them on the board, when his contract expires. His successor will be Christian Richter (41) as of 1 October 2022, who will take over the Finance and Controlling, Compliance, Risk Management and Investor Relations departments from Mr Leibundgut as of 1 January 2023. Uzin Utz AG is thus reorganising its board team.

With his many years of international experience in finance at Carl Zeiss Meditec AG, Christian Richter provides the prerequisites for a global company such as Uzin Utz. Christian Richter (41), born in Jena, has held various management positions in the finance sector during his career. Most recently, he was responsible for global Group Controlling as Head of Group Controlling, Vice President at Carl Zeiss Meditec AG (>€1.6 billion turnover).

"We are pleased that with Christian Richter we have been able to recruit a proven financial expert with extensive international experience and that we can shape the future of Uzin Utz with him", says Dr. H. Werner Utz, Chairman of the Supervisory Board of Uzin Utz AG. As a result, the Uzin Utz board will consist of Heinz Leibundgut (until his retirement in December 2022), Julian Utz, Philipp Utz and Christian Richter from 1 October 2022.

"Already today I would like to thank Heinz Leibundgut in particular for his active support in the succession process. At the same time, we would like to thank Mr Leibundgut for his dedication and commitment as a member of the board over the past years. Together with his colleagues on the board, he has led the company very well through the Corona crisis. Uzin Utz is a healthy, crisis-proof company with an excellent business performance," Utz continued.

Christian Richter becomes successor of Heinz Leibundgut and takes over the departments Finance & Controlling, Investor Relations, Internal Control System, Compliance, Risk Management and Data Protection of the Uzin Utz AG.

UZIN UTZ. YOUR FLOOR. OUR PASSION.

UZIN UTZ from Ulm employs more 1,300 people and has a corporate group turnover of 383.6 million euros (2020). It is a leader in developing and manufacturing products and machinery for screeds, floors, tiles and wood flooring. The construction product systems we offer include substrate preparation and floor covering installation as well as surface finishing and cleaning. Our products are developed and manufactured in-house by companies in the group and marketed around the world under the internationally successful UZIN, WOLFF, PALLMANN, arturo, codex and Pajarito brands. For 111 years, as a family business, the world of floors has been our vocation. We have been there and continue to be there for the trade, architects and builders. More information at www.uzin-utz.com