02/12/2021 | Industry, Ingredients, Particulars

Symrise extends Executive Board contract of Heinz-Jürgen Bertram ahead of schedule until 2025

At its meeting on 1 December, the Supervisory Board of Symrise AG once again extended the contract of Chief Executive Officer Dr Heinz-Jürgen Bertram ahead of schedule. With his confirmation in office until the end of 2025, Symrise is preserving its customary continuity and long-term management approach.  

“Dr Heinz-Jürgen Bertram has been leading Symrise AG confidently and successfully for more than ten years now. With his entrepreneurial vision, he has further diversified the product portfolio, tapped into high-growth markets and new customer groups, and most recently sovereignly steered the Group through the pandemic. Under his leadership, Symrise AG has developed into one of the 40 largest publicly listed companies in Germany. After 14 successful years in the MDAX, the Company was promoted to the DAX, Germany's leading index, this year,” said Michael König, Chairman of the Supervisory Board. “This track record demonstrates once again that Dr Bertram enjoys a high level of trust on the capital market as well as among customers and employees. We are delighted to have won him over for another three years as CEO and to continue our successful and trusting cooperation in the upcoming years.”

By 2025 Symrise intends to drive forward its expansion in high-growth business areas as well as the further development of its own base of natural raw materials with targeted investments. The company is targeting sales of € 5.5 to € 6 bn by 2025. Organic growth is expected to be between 5 and 7%. With its favourable product mix and efficiency enhancements, Symrise aims to generate an EBITDA margin in the range of 20 to 23%.