Press Release

Change in Aurubis AG’s Supervisory Board

Hamburg, Wednesday, June 27, 2018

 

Andrea Bauer follows Edna Schöne

Upon the suggestion of the Nomination Committee of the Aurubis Supervisory Board and at the request of the Executive Board, the district court in Hamburg has appointed Andrea Bauer, member of the VDM Metals Management Board and CFO of the VDM Metals Group, as a new member of Aurubis AG’s Supervisory Board with effect from June 22, 2018. The appointment is limited until the end of the upcoming Annual General Meeting. Andrea Bauer replaces the previous Supervisory Board member Edna Schöne, who resigned from her position on the Supervisory Board for personal reasons on June 15, 2018.

Andrea Bauer has been a member of the Management Board at VDM Metals in Werdohl since 2015. An auditor and graduate in economics with a German Diplom, she has held various posts both in Germany and abroad, among them Chief Financial Officer of Kontron AG and the VAC Group, as well as Department Head at thyssenkrupp.

“Thanks to her extensive experience in the industry, Andrea Bauer is an ideal addition to our Supervisory Board. In particular, her knowledge in the area of M&A and her well-founded understanding of finance will aid Aurubis in implementing the growth strategy,” explained Prof. Dr. Fritz Vahrenholt, Chairman of the Supervisory Board at Aurubis AG.

 

 

 

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.

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