Formycon AG announced that Dr. Stefan Glombitza will join the company on October 1, 2016. In addition to the existing Board Members Dr. Carsten Brockmeyer and Dr. Nicolas Comb, Dr. Glombitza will in future act as Chief Operating Officer (COO), focusing especially on the company's operational development activities, while CEO Dr. Brockmeyer will focus more on the areas of strategy, synergies and developing the business further. Dr. Comb will continue to be in charge of Formycon's finances. From October 2013, he was in charge of the global development center at the Austrian sites of Kundl and Schaftenau.