Changes in the Supervisory Board of FABRI AG

At the annual general meeting of FABRI AG on 12.06.2023, Jörg Schröder was proposed as a new member of the Supervisory Board and elected unanimously. The previous Chairman of the Supervisory Board Achim Weick left the FABRI Supervisory Board at his own behest. However, he will continue to support FABRI's development as Chairman of the Supervisory Board at the parent company Waag & Zübert Value AG.

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Since 2019, Jörg Schröder has been Chief Financial Officer of publicly traded adesso SE, a fast-growing IT service provider with over 8,500 employees at 62 locations. adesso's significant double-digit organic growth has been boosted by acquisitions in recent years.

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“When I was asked if I could imagine a supervisory board position at FABRI, I was immediately impressed,” says Jörg Schröder. “There are many similarities between adesso and FABRI: it is a “people's business”, corporate management is characterized by a high degree of decentralization, and acquisitions play an important role. For this reason, I was immediately able to identify with FABRI's business model. I am very much looking forward to contributing my expertise and accompanying the company in its further growth strategy.

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“The new Chairman of the Supervisory Board of FABRI AG, Dr. Gerson Link, affirms: “We are excited about the new impetus that Jörg Schröder will bring with his expertise and look forward to working together in the future. At the same time, we would like to sincerely thank Achim Weick for his work on the FABRI Supervisory Board. Achim has been Chairman of the Supervisory Board since its inception and is a key element in FABRI's growth from a “start-up” to a group with over 200 employees within two years. ”