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 global provider of non-ferrous metals and one of the largest copper recyclers worldwide. The company processes complex metal concentrates, scrap metals, organic and inorganic metal-bearing recycling materials, and industrial residues into metals of the highest quality. Aurubis produces more than 1 million tons of copper cathodes annually, and from them a variety of products such as wire rod, continuous cast shapes, profiles, and flat rolled products made of copper and copper alloys. Aurubis produces a number of other metals as well, including precious metals, selenium, lead, nickel, tin, and zinc. The portfolio also includes additional products such as sulfuric acid and iron silicate.

Sustainability is a fundamental part of the Aurubis strategy. “Aurubis responsibly transforms raw materials into value” – following this maxim, the company integrates sustainable conduct and business activities into the corporate culture. This involves a careful approach to natural resources, responsible social and ecological conduct in everyday business, and sensible, healthy growth.

Aurubis has about 7,200 employees, production sites in Europe and the US, and an extensive service and distribution system in Europe, Asia, and North America.

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


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