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COMPO EXPERT appointed new CEO and CMO

COMPO Expert GmbH recently expanded its Management Board and introduced a new management structure. Thomas H. Ahrens will take on the newly created role of Chief Executive Officer (CEO). At the same time, the Management Board is being expanded to include the position of Chief Operating Officer (COO). This role will be filled by Mr Ahrens on an interim basis.

As Chief Marketing Officer (CMO), Dr Ingo Müller will now take responsibility for the Marketing, Product Management, and Research & Development departments, which means he will have the key strategic tasks of driving product innovation and further optimising the product portfolio.

Thomas H. Ahrens (54) has 29 years of experience in various top-level management positions. He has wide-ranging expertise in the chemicals and processing industry as well as in the private equity sector. Before joining COMPO EXPERT, Mr Ahrens was Regional Vice President of Enthone Europe, a globally leading developer and provider of processes and specialty chemicals for electroplating and surface technology. As Executive Vice President Operations of Tarkett, a global market leader in the research, development, manufacture, and sale of floorings, he played a significant role in reorienting the company and creating the conditions for profitable growth of its worldwide operations. He has also held several top-level management positions at Total Group, including Vice President Operations of the subsidiary Atotech, a globally leading provider of specialty chemicals.

“In Thomas H. Ahrens, we have gained an outstanding manager with an impressive track record for COMPO EXPERT. Strengthening the Management Board is an important step for the company,” said Markus B?ttcher from XIO Group.

“COMPO EXPERT has a unique product range and an outstanding market position. My goal is to work with my new colleagues to continue driving its international expansion and place an even sharper focus on developing innovative products,” says Thomas H. Ahrens.

In May 2015, XIO Group, a globally active alternative investments firm, acquired the COMPO EXPERT business from COMPO GmbH. Rapid progress is being made in establishing the company’s independent presence on the market. In the last business year, COMPO EXPERT generated revenue growth of around 10 percent.