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Nabaltec AG Announces CFO Transition and CEO Contract Extension

TL;DR

Nabaltec AG appoints Dirk A. Muller as new CFO, bringing extensive financial expertise from roles at Swash Group and EY to strengthen the company's market leadership position.

Dirk A. Muller will transition from Nabaltec's Supervisory Board to CFO on December 1, 2026, with a four-year contract, ensuring continuity through his existing company knowledge.

This leadership transition maintains stability at Nabaltec AG, supporting continued production of eco-friendly flame retardants that enhance safety in public infrastructure and electronic devices.

The new CFO studied in Munster, worked in Boston with EY, and holds auditor, tax consultant, and CPA credentials across his diverse 20+ year career.

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Nabaltec AG Announces CFO Transition and CEO Contract Extension

Nabaltec AG has announced a change in its Management Board as Gunther Spitzer, Chief Financial Officer since 2017, will not extend his contract expiring on 31 December 2026 and will retire after nearly 45 years with the company. The Supervisory Board has appointed Dirk A. Muller to the Management Board with a four-year term effective 1 December 2026. Johannes Heckmann, CEO of Nabaltec AG, stated that Muller brings extensive financial management experience and familiarity with the company from his service on Nabaltec's Supervisory Board, which will facilitate a smooth transition.

Dirk A. Muller studied business administration in Munster and began his career at Ernst & Young in Dusseldorf, including a two-year assignment in Boston. After six years, he moved to Jackstadt GmbH as Head of Accounting and Tax before returning to EY in 1999, becoming a partner in the Equity Capital Markets/Transaction Services Division in 2002. He later served as Managing Director and CFO at A.T.U in Weiden, CFO of SiC Processing GmbH, and Group CFO of the Onlineprinters Group. Since September 2024, he has been Group CFO of the Cologne-based Swash Group and holds professional credentials as an auditor, tax consultant, and CPA. Muller has been a member of the Supervisory Board of Nabaltec AG since 2024 and will step down from that role on 30 November 2026. As CFO from 1 January 2027, he will assume responsibility for Finance/Controlling, Administration, and Information Technology, with the Management Board temporarily operating as a four-member body during the transition.

Concurrently, the Management Board contract of CEO Johannes Heckmann was extended by five years, which the Supervisory Board described as a signal of stability and continuity in management, reinforcing confidence in the company's strategic direction. Gerhard Witzany, Chairman of the Supervisory Board, expressed regret over Spitzer's departure, acknowledging his significant contributions over 45 years with expertise, reliability, and commitment. Nabaltec AG, based in Schwandorf, is an award-winning chemicals business that manufactures specialized products from aluminum hydroxide and aluminum oxide through its Functional Fillers and Specialty Aluminas segments. Its products include eco-friendly flame retardants for plastics used in infrastructure like tunnels and airports, additives for catalysis and electric vehicles, and specialty oxides for technical ceramics and polishing industries, with production sites in Germany and the U.S. The company aims to expand capacity, optimize processes, and achieve market leadership in its segments, with this management transition supporting its long-term goals.

Curated from NewMediaWire

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