The executive committee of Germany based Evonik Industries has asked its supervisory board to approve the termination of Wolfgang Colberg as the company’s Chief Financial Officer, effective 30 September. The proposal, said to be the result of a “mutual agreement” between the two parties, will see Colberg step down after serving as CFO of Evonik since 2009.
The board has nominated Ute Wolf as Colberg’s successor with effect from 1 October. Wolf has been head of finance at Evonik since 2006.
The final decision is to be made by the supervisory board by 21 June.
Sign in to see recommended stories here.