Hans-Christian Koehler, Chairman of the Nordzucker Supervisory Board, dies before the Annual General Meeting



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Hans-Christian Koehler, Director of the Supervisory Board of Nordzucker

One day before his death, Koehler was still at the general meeting of the parent company.



(Photo: dpa)

Braunschweig Immediately prior to the annual general meeting of Europe's second largest sugar manufacturer, Nordzucker, Hans-Christian Koehler, chairman of the long-standing supervisory board, died Thursday at the 62 years old. "The news of his death came in the event itself, which then ended in a depressed mood," said Nordzucker spokeswoman, Tanja Schneider-Diehl, the news agency German.

The farmer of Barum-Eppensen in the district of Uelzen was a member of the Supervisory Board of Nordzucker AG since its foundation and took over the chairmanship in 2011.

His duties will be badumed by his former deputy, Jochen Johannes Juister. The election of the chairman of the supervisory board had initially been suspended due to Koehler's sudden death.

The day before, he had attended the general meeting of the parent company. "We saw each other," he joked, "said the spokesperson. At first, she could not name a reason for Koehler's completely unexpected death. After the news of the death, the general badembly was shortened

He decided a dividend of 1.20 euro per share, up ten cents from the previous year. In total, approximately 58 million euros will be distributed to shareholders. The loss of the EU sugar quota has considerably darkened Nordzucker's balance sheet.

Despite the decline in sales during the fiscal year 2017/18, it was possible to increase earnings to 118 million euros after 99 million euros on the same period last year. In the current exercise, a loss should be avoided if possible, said the company.

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