Klaus Moll appointed CEO of Lurgi AG

Michael Strätling moves to Supervisory Board

02-Jun-2005

The Supervisory Board of mg's Frankfurt-based subsidiary Lurgi AG has appointed Klaus Moll (56) as chairman of the company's Executive Board with effect from June 1. He will carry out this role alongside his existing duties as a member of the Group Executive Board of mg technologies ag with responsibility for the Plant Engineering segment. His position on Lurgi's Supervisory Board is suspended. Moll will succeed Michael Strätling (64), who has been chairman of Lurgi's Executive Board since November 2003 and who successfully completed the process of restructuring and optimizing the portfolio of the plant engineering company at the beginning of 2005. Strätling will step down from the Executive Board on account of his age on May 31, 2005 and will take up a seat on Lurgi's Supervisory Board with effect from June 1, 2005.

Klaus Moll has an outstanding track record in the fields of plant engineering and mechanical engineering. As a member of mg's Executive Board, he has been responsible for the Plant Engineering segment since December 2003. Under his leadership, cost structures have been substantially improved at the two mg subsidiaries Lurgi and Lurgi Lentjes and both companies' portfolios have been consolidated around profitable proprietary technologies in fast-growing markets.

Moll, who hails from the Black Forest region of Germany, already had previous experience of mg's plant engineering business from an earlier stage of his career with the company. Between 1997 and 1999, he was a member of the Executive Board of Lurgi AG and also Chairman of the Executive Board of Düsseldorf-based Lentjes AG, and from 1999 to 2002 he chaired the Executive Board of Barmag AG in Remscheid. Moll had previously gained in-depth knowledge of the plant engineering business with ABB Industrietechnik AG, Mannheim, who he joined as an electrical engineering graduate and for whom he worked over a period of around 20 years in a variety of positions.

https://www.chemeurope.com/en/news/46459/klaus-moll-appointed-ceo-of-lurgi-ag.html