“Dr. Hagen Duenbostel has played a key role in shaping the company’s development in his 17 years on the Executive Board. We’re delighted to continue down our successful path with him,” said Dr. Drs. h.c. Andreas J. Büchting, Chairman of the Supervisory Board, following the Supervisory Board’s decision.
Duenbostel holds a doctorate in business management and has been a member of KWS’ Executive Board since 2003. He was appointed Board Spokesman in 2015. The 49-year-old has special responsibility for Corn North and South America, Corn China/Asia, Strategy, Compliance, and Governance & Risk Management.
KWS is one of the world’s leading plant breeding companies. In the fiscal year 2017/18 more than 5,000 employees in 70 countries generated net sales of EUR 1,068 million and earnings before interest and taxes (EBIT) of EUR 133 million. A company with a tradition of family ownership, KWS has operated independently for more than 160 years. It focuses on plant breeding and the production and sale of seed for corn, sugarbeet, cereals, rapeseed and sunflowers. KWS uses leading-edge plant breeding methods to increase farmers’ yields and to improve resistance to diseases, pests and abiotic stress. To that end, the company invested almost EUR 200 million last fiscal year in research and development.
* All figures exclude the companies carried at equity AGRELIANT GENETICS LLC., AGRELIANT GENETICS INC. and KENFENG – KWS SEEDS CO., LTD.
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