Rema Tip Top Expands Board of Directors

Feb. 1, 2016

Rema Tip Top AG has appointed Thorsten Wach to serve as chairman and Udo Zimmer to be financial director of its board of directors. The appointments expand the board from two to four reporting lines and are effective March 2016.

"This expansion of the board of directors reflects both the development of Rema Tip Top as an all-round supplier of services and the strong global growth of recent years" says Heinz Reiner Reiff, member of the board of Stahlgruber Otto Gruber AG and chairman of the supervisory board of Rema Tip Top AG.

Wach joined Rema Tip Top in 2006 as CEO of the Africa Cluster. The company says he developed the regional organization to one of the leading suppliers of services in Africa through building up the service network in key African states and the acquisition of Dunlop Industrial Products. In 2014, he also took on management of the Asia-Pacific Cluster, increasing its profitability through the use of synergies and the introduction of best-practice models. The 49 year-old engineering graduate will, as chairman of the board of directors, be responsible for the sales, marketing, compliance and corporate development portfolios.

Zimmer will take up the newly created post of financial director. He possesses a broad experience as CFO and in the worldwide acquisition and integration of companies. As financial director, the 53-year-old business administration graduate will be responsible for the finance, investor relations, personal, IT and internal audit portfolios.

For more information, visit www.rema-tiptop.com.