Supervisory Board of Mutares Extends CEO Robin Laik's Contract

The Supervisory Board of Mutares SE & Co. KGaA has extended the contract of CEO Robin Laik by an additional five years, until December 31, 2029. Robin Laik, the founder of Mutares, holds over 25% of the company along with his family. He has pledged to increase his shareholding further.

Laik expressed his optimism about the company's growth, noting its expansion to a turnover of over EUR 5 billion and a net profit surpassing EUR 100 million last year. He highlighted the company's increased dividend target and its presence across Europe, China, India, and the USA.

Volker Rofalski, Chairman of the Supervisory Board, praised Laik's leadership and affirmed the logical decision to extend his tenure. He conveyed the Board's best wishes for Laik and his team in their future endeavors.