Published on : Monday, July 11, 2016
Klaus F. Jaenecke will remain Chairman of the Supervisory Board of Hansgrohe SE. He was elected unanimously and confirmed in office for the next five years at the mixer and shower manufacturer’s annual Shareholders’ Meeting held on 8 June at the company’s headquarters.
Klaus F. Jaenecke has been a member of the Supervisory Board of Hansgrohe SE since March 2014 and was appointed Chairman in April 2015. Jaenecke is Managing Partner of the consulting firm Jaenecke & Cie. and has many years of experience in corporate strategy, development and planning, as well as financial and risk management.
The two representatives of the Masco Corporation, the US majority shareholder of Hansgrohe based in Taylor, Michigan, were also confirmed in office. Keith Allman, President and CEO of the Masco Corporation and Group President Richard O’Reagan will also remain members of the Supervisory Board of Hansgrohe for five more years. Masco has been committed to Hansgrohe since 1985 and owns 68 percent of the company’s shares.
The other members of the Hansgrohe Supervisory Board are Pierre Nikolas Grohe as representative of Syngroh, the holding company of the Klaus Grohe family, and the elected employee representatives Barbara Scholl and Stefan Krischak.