Matthias Kaufmann, member of the executive management board of the RKW Group, has decided not to renew his existing contract citing ‘differing views’ on the strategic direction of the company.
The company divulged no information on what those differing views might be, except to say that, regarding its strategic direction, “we consequently pursue our strategy of focusing on our core products and profitable niche products as well as on further global growth”.
The parting is amicable, according to a statement issued August 7. Kaufmann’s contract with the family owned, Germany-based manufacturer of plastic films runs through August 31, 2017.
The decision comes on the heels of the RKW Groups announcement of a multi-million-euro investment to expand its technical infrastructure and extrusion capacities in agricultural films and nets. The Group said the focus would be on the plants in Michelstadt, Germany and Hoogstraten, Belgium, turning them into agricultural “centres of competence.
Kaufmann, who joined the Group in 1998, held numerous positions before joining the executive management board in January 2013. Between 2009 and 2013, Kaufmann was responsible for the setting-up of the production plant RKW Egypt, which laid the cornerstone for the company’s expansion in the Middle East.
In 2010, as Vice President, he took responsibility for the Consumer Packaging business. Since his appointment to the board, he has headed the packaging division, as well as the central functions Sales, Marketing & Communications, Sustainability and R&D.
Thanking Kaufmann for his efforts on behalf of the company, chairman of the Supervisory Board Dr. Rudolf Wehrli noted that “we regret Mr. Kaufmann’s decision and wish him all the best for his private and professional future.”