Change in the company's executive bodies
At its meeting on 15 December 2018, the Supervisory Board decided to appoint Michael Triguboff, previously Vice Chairman of the Supervisory Board, the CEO of Pyrolyx AG with immediate effect. Mr. Triguboff steps down from the company's Supervisory Board upon his appointment to the Management Board.
Bernhard Meder, who was appointed to the Management Board by the Supervisory Board following the last Annual General Meeting, will leave the Management Board with immediate effect. For legal reasons, it is not yet possible for him to return to the company's Supervisory Board.
Once the production facility in Indiana, USA, is completed, the company plans to appoint Mr. Tom Redd, who currently is the CEO of Pyrolyx USA, the CEO of Pyrolyx AG.
About Pyrolyx AG
The Pyrolyx Group is the world leader in the extraction of rCB (recovered carbon black) from end-of-life tyres. rCB is used to manufacture new tyres as well as in the plastic, technical, rubber and masterbatch industries. The company's shares (WKN A2E4L4) are listed on the stock exchanges in Düsseldorf, Frankfurt and Stuttgart, and also traded on the electronic trading system Xetra and the ASX (Australian Stock Exchange) (ASX:PLX).
For more information, please visit: www.pyrolyx.com.
Pyrolyx AG, Munich, Germany
Communications & IR
Office: +49 8921027-200