Press Release

Rainer Verhoeven appointed new Chief Financial Officer of the Aurubis Group

Hamburg, Tuesday, September 26, 2017

Rainer Verhoeven will assume the role of Chief Financial Officer of the Aurubis Group on January 1, 2018. The Supervisory Board has initially appointed the new board member for three years, as is customary.
 

Upon joining the company, Rainer Verhoeven, 48, will take over the office of the board member responsible for finance, which as an interim measure has been managed by Chairman of the Board Jürgen Schachler since the onset of Erwin Faust’s illness and subsequent resignation on June 30 of this year.

“With Mr. Verhoeven, we have gained a well-versed manager who has a wealth of corporate experience at his disposal, also outside of Europe,” explains Prof. Dr. Heinz Jörg Fuhrmann, Chairman of the Supervisory Board of Aurubis AG, about the decision. “His expertise, which not only extends over all core business disciplines, will provide significant impetus for Aurubis’ growth and performance.”

Rainer Verhoeven first completed an apprenticeship as a banker and subsequently studied International Management in Germany and the Netherlands. In 1996, he embarked on his industrial career in the present-day thyssenkrupp Group. He began in the financial sector and after some years changed to corporate accounting. He later assumed positions of responsibility within the Group, among them in the United States and Brazil. Since the end of 2014 he has held the position of Chief Financial Officer for thyssenkrupp Electrical Steel GmbH in Gelsenkirchen.

 

Aurubis - Metals for Progress

Aurubis AG is a leading worldwide provider of non-ferrous metals and the largest copper recycler worldwide. The company processes complex metal concentrates, scrap metals and metal-bearing recycling materials into metals of the highest quality.

Its main area of expertise is the processing and optimal recovery of concentrates and of recycling raw materials with complex qualities. With its range of services, Aurubis is a forerunner in the industry. The group of companies is oriented towards growth, efficiency and sustainability: The main components of the strategy are the expansion of the leading market position as an integrated copper producer, entering new markets in the area of industries of the future, the highly efficient and optimal production of additional metals and by-products from complex raw materials, as well as practicing a responsible attitude when dealing with people, resources and the environment.

Aurubis produces more than 1 million t of copper cathodes annually and from them a variety of copper products such as wire rod, continuous cast shapes, rolled products and strips, as well as specialty wire and copper profiles and alloys. Precious metals, selenium, lead, nickel and a series of other products such as sulfuric acid and iron silicate also belong to the product portfolio.

Aurubis has about 6,500 employees, production sites in Europe and the USA and an extensive service and sales system in Europe, Asia and North America.

Aurubis’ customers include companies in the copper semis industry, the electrical engineering, electronics and chemical industries, as well as suppliers of the renewable energies, construction and automotive sectors.

Aurubis shares are part of the Prime Standard Segment of the German Stock Exchange and are listed in the MDAX, the Global Challenges Index (GCX) and the STOXX Europe 600.