SNP has launched a new strategy program ELEVATE to strengthen its focus on sustained profitability of its further growth. At an extraordinary meeting on March 30, 2022, the Board of Directors of SNP decided to support such focus on sustained profitability by recruiting a new CFO. Immediately after this decision, the Board of Directors and Prof. Dr. Heiner Diefenbach mutually agreed that he will resign his position as managing director and Chief Financial Officer, effective March 31, 2022, and that he will leave the company.

The Board of Directors would like to thank Prof. Diefenbach for his slightly more than two years in office. The search for a successor will be initiated immediately. In addition, the Board of Directors resolved to appoint Prof. Dr. Thorsten Grenz as managing director of SNP, effective immediately.

Prof. Grenz will assume the position of interim CFO of SNP until the search for a successor has been successfully completed.