Henkel Appoints Successor To Rorsted

Henkel announced today that CEO Kasper Rorsted, who has decided not to renew his current contract beyond 2017, will leave the company at his own request as of April 30, 2016. 
 
Effective May 1, Hans Van Bylen has been appointed as his successor. His successful career at Henkel started in 1984 and he serves as member of the management board since 2005, responsible for the Beauty Care business.
 
In making the announcement Henkel stated, “The appointment to CEO already in spring will enable him to leading the development of the new strategy which Henkel will announce at the end of this year and driving its successful execution.”

Rorsted served on the Henkel management board for 11 years, with 8 years as CEO.
 
“With the appointment of Hans Van Bylen as new CEO we have named a strong successor to the CEO position at an early time – as it is common practice at Henkel. Hans Van Bylen is an excellent choice as he has long-standing, international experience in managing brands and markets as well as a management board member at Henkel. On behalf of our governance committees and employees I wish Hans Van Bylen all the best and much success in his new role,” said Dr. Simone Bagel-Trah, chairwoman of the supervisory board and the shareholders’ committee.
 
The successor to Van Bylen’s post of executive vice president beauty Care will be announced in due course, said the firm.
 
“Kasper Rorsted has achieved a lot for Henkel. Under his leadership since 2008, the company has delivered a successful performance in a challenging market environment. Sales and profitability increased significantly and our top brands have been strengthened. This is also reflected in a significantly increased market capitalization which has been more than tripled since Kasper Rorsted took the helm. I would like to sincerely thank Kasper Rorsted on behalf of all governance committees, employees and shareholders of Henkel,” added Dr. Simone Bagel-Trah.
 
Van Bylen (54) joined Henkel in 1984. His successful career at the company has spanned 31 years of management positions with broad geographical scope in two of Henkel´s business units, Laundry & Home Care and Beauty Care. He started in Belgium, his responsibilities expanded to Benelux and then on to France, Western Europe, Middle East Africa, North America, Asia Pacific and Latin America. Since 2005, Hans Van Bylen is member of the Management Board, responsible for the Beauty Care business.