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Update: Sartorius’ CEO Kreuzburg Won’t Renew Contract

ByLisa Luckas

07/02/2024
Sartorius CEO Joachim KreuzburgSartorius CEO Joachim Kreuzburg Sartorius CEO Joachim Kreuzburg

July 02 2024 08:55:01 — After over 20 years at the helm, Sartorius AG CEO Joachim Kreuzburg will not seek contract renewal after November 2025, Supervisory Board regrets decision.

Kreuzburg led of the lifescience company since 2003. After joining Sartorius AG in 1999, he was
appointed to the Executive Board in 2002 at the age of 37 and became Chairman a few months later.

During this time, Sartorius’ sales revenue increased more than 7-fold to around 3.4 billion euros and profits more than 26-fold to around 1 billion euros, the number of employees quadrupled to over 14,000 while the Group’s stock market valuation increased from just over 90 million euros to more than 17 billion euros.

Update: Sartorius Expects Growth

Sartorius Set to Pay €0.74 Dividend

ByLisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

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