Dr Gerold Linzbach has announced he will not renew his contract as CEO of Symrise AG in October this year. He has informed the supervisory board of the company that, for personal reasons, he does not intend to extend his contract beyond the end of October.
Reinforcing his commitment to Symrise until the end of his contract, Dr Linzbach said: “My decision to leave Symrise at the end of my contract has been made for personal reasons. The business remains strong and stable and is performing in line with market expectations. I have given the board my personal commitment to work with my colleagues to continue to develop the business in the meantime and to ensure an orderly handover to my successor.” Commenting on Dr Linzbach’s resignation, the chairman of the supervisory board, Andreas Schmid, said: “The board has reluctantly accepted Dr Linzbach’s resignation. He has played a key role in the development of Symrise over the past years and can be proud of his achievements to date. The entire board welcomes his commitment to stay in his post until the end of October 2009.”
