04.07.2024 10:17:26 - EQS-Adhoc: Villeroy & Boch AG: Reorganisation of the responsibilities of the Management Board

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EQS-Ad-hoc: Villeroy & Boch AG / Key word(s): Personnel
Villeroy & Boch AG: Reorganisation of the responsibilities of the Management Board
04-Jul-2024 / 10:17 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News
- a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Today, the Supervisory Board of Villeroy & Boch AG resolved a structural reorganisation of the Management Board
responsibilities and a corresponding change in the Group organisation with effect from 1 August 2024.
As part of the new allocation of responsibilities, the current Bathroom & Wellness division will be merged with Ideal
Standard and divided into the three functional areas of Operations, Sales and Marketing/R&D/Product Management. The
Operations area will be assigned to a new Management Board function "Chief Operations Officer Bathroom & Wellness" (COO
B&W); "Purchasing" and "ESG" will be assigned to this Management Board function. The new COO B&W function will be
assumed by the current member of the Management Board (Bathroom & Wellness), Mr. Georg Lörz.
Furthermore, the positions of Executive Vice President Marketing/R&D/Product Management and Executive Vice President
Sales Bath & Wellness will be established below the Management Board and assigned to the Chairwoman of the Management
Board (CEO). Mr. Jan Peter Tewes, currently Managing Director of Ideal Standard, will assume the position of Executive
Vice President Sales Bath & Wellness; the next step will be to fill the EVP Marketing position.

End of Inside Information
04-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press
Releases.
Archive at www.eqs-news.com  
Language:     English 
Company:      Villeroy & Boch AG 

Saaruferstraße 1-3
66693 Mettlach
Germany
Phone:        +49 (0)6864 81-0 
E-mail:       information@villeroy-boch.com 
Internet:     www.villeroy-boch.de 
ISIN:         DE0007657231, DE0007657207 
WKN:          765723 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 

Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1939803

End of Announcement EQS News Service
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1939803 04-Jul-2024 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1939803&application_name=news&site_id=dow_jones%7e%7e%7ef1066a31-ca00-4e1a-b0a4-374bd7d0face

END) Dow Jones Newswires

July 04, 2024 04:17 ET (08:17 GMT)
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
VILLEROY + BOCH AG VZ 765723 Xetra 17,150 05.07.24 17:36:14 +0,100 +0,59% 0,000 0,000 17,000 17,150

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