Industry News

Cognis Appoints New CFO: Klaus Edelmann To be Succeeded by Marco Panichi

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Klaus Edelmann will leave the position of chief financial officer in the management board of Cognis on Oct. 1, 2009, and become a member of the supervisory board. His designated successor as CFO is Marco Panichi.      Mr. Edelmann has been CFO of Cognis since November 2006. Under his leadership, the company’s financing structure and liquidity position have been significantly improved and its debt has been reduced. His contribution to the realignment of the company’s portfolio and the extensiv...

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