Frank Coenen, CEO of Tessenderlo Group leaves the group with mutual consent. This change has been approved by the Board of Directors and will take effect immediately. The Board of Directors has chosen for a shared CEO role and has appointed to this Luc Tack and Mel de Vogue.

Luc Tack will be in charge of the Business Operations and Human Resources. Mel de Vogue, who stays CFO, will also head up all the other functional domains.