Henkel Appoints New Govt VP of Magnificence Care – WWD

PARIS – Henkel AG has appointed Wolfgang König as govt vp of its magnificence care enterprise, efficient June 1.

König, who will succeed Jens-Martin Schwärzler within the function, can be to affix the administration board of the Düsseldorf, Germany-based firm.

Schwärzler has been at Henkel for greater than 28 years, and steered the group’s magnificence care enterprise since 2017.

König has greater than 25 years of expertise within the fast-moving consumer-goods trade. Most not too long ago, he served as class president at Kellogg North America, the place he’s had oversight of the $6.7 billion enterprise throughout the group’s classes and operational capabilities, equivalent to analysis and improvement and advertising and marketing.

Previous to that, König held a variety of different positions at Kellogg, Colgate-Palmolive and Beiersdorf.

“He has broad worldwide administration and management expertise in main client items firms and provides precious experience in advertising and marketing, gross sales and innovation, and a robust efficiency focus,” mentioned Simone Bagel-Trah, chairwoman of the Henkel shareholders’ committee and supervisory board.

Bagel-Trah mentioned Schwärzler constructed “on his in depth expertise and profitable observe document in each Henkel client items companies in Germany, Europe and the U.S. Over this era, the hair salon enterprise has been efficiently expanded, and enhancements within the retail enterprise have been achieved, pushed by stronger improvements, focused acquisitions and an elevated concentrate on e-commerce and new digital enterprise fashions.”

In 2020, Henkel’s magnificence care enterprise generated gross sales of three.75 billion euros, down 3.2 % on-year. On an natural foundation, these revenues declined 2.8 %.

Henkel’s magnificence care manufacturers embrace Schwarzkopf, Dial, N.A.E. and Fa.

Fore extra, see:

Henkel Buys EpiCS Skin Model Technology

Henkel Acquires Majority Stake in D-to-C Beauty Business

Henkel, KKR Said Final Bidders for Coty Assets

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