Mannheim, 19 Dezember 2023 – In a meeting today, the Supervisory Board of Südzucker AG, Mannheim, has appointed Dr Stephan Meeder (53), CEO and CFO of CropEnergies AG, Mannheim, to the Südzucker Executive Board with immediate effect. In due course, Stephan Meeder will step down as CEO and CFO of CropEnergies AG. However, he is expected to remain a member of the CropEnergies Executive Board until 29 February 2024, but not longer than 31 May 2024.
The Supervisory Board of CropEnergies AG is already working on the succession plan and will decide on the appointment of the CFO position and the reappointment of the CEO in the near future.
Dr Thomas Kirchberg, Chair of the Supervisory Board of CropEnergies AG: “We congratulate Stephan Meeder to his appointment to the Südzucker Executive Board and we thank him for his commitment during the last eight years and for his tireless dedication to CropEnergies.”
Meeder: “It gives me great pleasure to be a member of the Executive Board of CropEnergies AG. The dynamic business environment presents us with major challenges in making CropEnergies fit for the future. My colleagues on the CropEnergies Executive Board will continue this work in an outstanding manner. I look forward to the new challenges on the Executive Board of Südzucker AG.”
Stephan Meeder has been a member of the Executive Board of CropEnergies AG since 2015, originally as CFO, from 2020 onwards also as CEO. He is responsible for Finance, Accounting, Controlling, Investor Relations, Capital Market Compliance, Marketing, Public Relations, Public Affairs, Corporate Governance, Taxes and Law.
CropEnergies AG
Sustainable products from renewable biomass are the business of CropEnergies. Founded in Mannheim in 2006, the member of the Südzucker Group is the leading European producer of sustainably produced, renewable ethanol. With a production capacity of 1.3 million cubic metres of ethanol per year, CropEnergies produces neutral as well as technical alcohol (ethanol) for a wide range of applications at locations in Germany, Belgium, Great Britain and France: from climate-friendly fuel, beverage production or cosmetic products to pharmaceutical applications, for example as a basis for disinfectants or as a starting material for innovative biochemicals.
Thanks to highly efficient production plants, ethanol for fuel applications reduces CO2 emissions by an average of more than 70 percent over the entire value chain compared to fossil fuel. In addition, biomass use produces more than 1 million tonnes of high-quality, protein food and animal feed every year, as well as biogenic carbon dioxide, which is used in beverage production, among other things.
CropEnergies AG (ISIN DE000A0LAUP1) is listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange.