News

Future Changes within Marquard & Bahls

27.05.2010 - Hamburg:

Wim Lokhorst has decided to step down as Chairman of the Board of Marquard & Bahls AG at the end of the year 2010. Christian Flach will take over as new Chairman of the Board.

After almost 17 successful years with Marquard & Bahls, Wim Lokhorst will become a member of the Supervisory Board.

As of January 1st, 2011, Christian Flach will succeed as Chairman of the Executive Board. Christian Flach has been with the company since 1993, holding several management positions at Marquard & Bahls, Oiltanking and Mabanaft in Germany as well as abroad. Since 2006 he has been Managing Director of Mabanaft GmbH & Co. KG and was appointed to the Marquard & Bahls Board in 2008.

The Board of Marquard & Bahls AG will consist from 2011 onwards of Christian Flach as CEO and Chairman and George Nette as CFO.

Marquard & Bahls AG is a leading independent petroleum company, privately owned. The core competences include oil trading, tank storage, aviation fuelling, contracting and renewable energies. Furthermore, the company is active in gas supply and petroleum analysis. Through its subsidiaries, Marquard & Bahls is positioned in Europe, America and Asia, and employs more than 3,700 people worldwide.

For more information on Marquard & Bahls, please visit www.mbholding.com.

For media inquiries, please contact:

Heidi Pipo
Corporate Communications
+49 40 370 04 255
heidi.pipo@mbholding.de