Vetter Appoints Managing Director

Oliver Albrecht has been appointed managing director at Vetter. Mr. Albrecht replaces Max Horn, who left the company in June 2014. He will be responsible for two of the eight company divisions. The first is comprised of finance, controlling and IT, and the second division includes corporate development, legal and corporate compliance.
 
Mr. Albrecht has more than 20 years of experience managing international, medium-sized listed companies both as a managing director and as chief financial officer in a variety of industries including banking, automotive, and mechanical engineering. Recently he served as chief financial officer for SHW AG headquartered in Aalen, Germany, and also served as an independent consultant.
 
“We undertook a rigorous selection process to identify the right person to help lead our company forward,” said Udo J. Vetter, chairman of the company’s advisory board and member of the owner family. “Oliver’s vast experience in a variety of industries, combined with his deep knowledge of achieving operational and financial excellence will be a tremendous asset to Vetter.”