• Dr. Christoph Schlünken, President of the BYK Additives & Instruments division, will join ALTANA's Management Board as of November 1, 2014
• Chief Financial Officer Martin Babilas will assume additional responsibilities
• Reorganization caters to accelerated growth of the ALTANA Group
The specialty chemicals company ALTANA is enlarging its Management Board. As of November 1, 2014, Dr. Christoph Schlünken, Presi- dent of the BYK Additives & Instruments division, will be an additional member. In his new capacity, Dr. Schlünken will primarily be in charge of the BYK and ECKART Effect Pigments divisions, while Chief Financial Officer Martin Babilas will assume responsibility for the ACTEGA Coatings & Sealants and ELANTAS Electri- cal Insulation divisions. The Chief Executive Officer, Dr. Matthias L. Wolfgruber, will continue to oversee core functions such as Corporate Development, Corporate Innovation, and Corporate HR. "The expansion of ALTANA's Management Board accommodates the increasing size of our company," says Wolfgruber. "I am very happy about the addition of Dr. Schlünken, who has helped boost ALTANA's growth in different areas, most recently with the integration of Rockwood's rheology business into BYK."
Dr. Christoph Schlünken joined the ALTANA Group in 2001 as the Managing Di- rector of ELANTAS Electrical Insulation GmbH, after holding various sales and marketing positions at Bakelite AG starting in 1994. In 2005, Schlünken, who holds a doctorate in chemistry, became president of the ECKART Effect Pigments divi- sion. Within the framework of the rotation of all four division presidents, Dr. Schlünken became president of BYK Additives & Instruments in November 2012. He will continue to head this division until a successor is found.
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