Two experts join the BRAIN AG Supervisory Board
The Supervisory Board of B.R.A.I.N. Biotechnology Research and Information Network AG (BRAIN AG) is fully staffed again: Professor Dr.-Ing. Wiltrud Treffenfeldt and Stephen Catling were appointed as new members of the Supervisory Board by the Local Court with effect from October 14, 2020 until the next annual General Meeting on March 10, 2021. With their many years of experience they complement the now again six-member Board.
Professor Dr.-Ing. Wiltrud Treffenfeldt worked for more than 30 years in leading or executive positions for companies in the Chemical- and Biotechnology sector, in particular for the Dow/DowDuPont, where she last held the position of Chief Technology Officer Europe, Middle East, Africa and India from 2011 to 2019. She was many years lecturer for bioprocess and biomedical engineering at the University Hannover as well as Member of the Bioeconomy Council of the German Federal Government. Since June 2019, Professor Treffenfeldt has been working as an independent consultant, especially for SME and science organizations, using her international experience in agro-, pharma and industrial biotechnology.
Stephen Catling has many years of management and leadership experience in companies in the food, pharmaceutical and specialty chemicals industries. The graduate nutritionist and food technologist with special knowledge of biotechnological food ingredients took on various management and executive positions from 1987 onwards. He was divisional President Flavors from 1999 to 2003 at Danisco A/S (now Dupont) and from 2003 to 2014 he led the Ingredients Division for Associated British Foods (ABF) plc. Since 2014, he advises investors and entrepreneurs on food ingredients and related specialty chemical products, particularly regarding the use of equity capital for start-ups, mergers and acquisitions.
Chairman of the Supervisory Board Dr. Georg Kellinghusen states: “With Professor Treffenfeldt we have gained a scientifically highly competent and experienced biotechnologist for our Supervisory Board who, in addition to her industrial experience, will contribute her expertise in bioprocess engineering. Stephen Catling will optimally complement the expertise of the Supervisory Board with his knowledge of food ingredients. In addition, his more than 30 years of management and leadership experience in companies in the food industry will also flow into the board. We welcome the two new members of the Supervisory Board and look forward to working with them.”
Adriaan Moelker, CEO BRAIN AG states: „I’m very excited about the addition of the new Supervisory Board members. We are gaining incredible experience and networks in industries that are key for BRAIN. At the same time, we are becoming more international and we now have two women on the Supervisory Board – which better reflects what BRAIN also stands for: internationalization and diversity.”
The court appointment of two new members to the Supervisory Board had become necessary after two members of the Supervisory Board withdrew from their offices prematurely.
About BRAIN
BRAIN Biotech AG is a leading European supplier of bio-based products and solutions such as enzymes and proteins, microbial production strains, natural compounds and biotechnological solutions for more sustainable industrial processes. The company focuses on the fields of nutrition, health and environment.
BRAIN Biotech AG is the parent company of the international BRAIN Biotech Group. The Group's business activities are divided into three segments: The BioProducts segment comprises the product business with specialty enzymes and other proteins, for which the Group operates fermentation facilities in the United Kingdom and production facilities in continental Europe and the United States. The BioScience segment offers research-intensive custom solutions based on enzyme technology, strain development, bioprocess development and natural product screening. The BioIncubator segment conducts its own R&D projects or those initiated with partners with high value-added potential. A particularly promising incubator project is the development of the Company's own CRISPR-based gene editing technology platform, which is currently being established and expanded by Akribion Genomics (in foundation planning).
Through its own R&D activities, BRAIN Biotech Group is continuously expanding its product portfolio in the field of specialty enzymes and small molecules. The latter are the starting point for screenings, e.g. for novel drug candidates for pharmaceutical applications.
BRAIN Biotech AG has been listed on the Prime Standard of the Frankfurt Stock Exchange since February 9, 2016 (ticker symbol: BNN; securities identification number: ISIN DE0005203947 / WKN 520394). The company employs approximately 330 people and generated revenues of EUR 55,3 million in the fiscal year 2022/23.
For more information, please visit: https://www.brain-biotech.com, LinkedIn, Threads and YouTube.
Disclaimer
This press release contains forward-looking statements. These statements reflect the current views, expectations, and assumptions of the management of BRAIN Biotech AG, and are based on information currently available to the management. Forward-looking statements are no guarantees of future performance, and entail both known and unknown risks as well as uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Numerous factors exist that could influence the future performance of and future developments at BRAIN Biotech AG and the BRAIN Biotech Group. Such factors include, but are not limited to, changes in the general economic and competitive environment, risks associated with capital markets, currency exchange rate fluctuations, changes in international and national laws and regulations, in particular with respect to tax laws and regulations, as well as other factors. BRAIN Biotech AG does not undertake any obligation to update or revise any forward-looking statements.