What does it taketo be apioneer?

Effective September 30, 2022, Bruno Piacenza ‏(56), who has been Executive Vice President of Henkel's Laundry & Home Care business sector since 2011, will leave the Henkel Management Board, as already announced at the beginning of the year. Wolfgang König ‏(50), currently Executive Vice President for Beauty Care, will additionally assume responsibility for Laundry & Home Care with effect from October 1, 2022 and will also lead the newly created Henkel Consumer Brands business unit in the future.

Henkel, a global leader of adhesives, sealants and functional coatings, and leading manufacturer of well-known consumer brands, broke ground on a 35,000 square foot expansion of its production facility in Brandon, South Dakota. The expanded facility will bring state-of-the-art manufacturing capabilities and allow Henkel to increase production of thermal interface materials used to manufacture high-performance electronics and electric vehicles ‏(EV).

Against the background of the current developments of the war in Ukraine, Henkel has decided to exit its business activities in Russia. The execution process is now being prepared. Henkel will work closely with its teams in Russia on the details to ensure an orderly process. In the meantime, Henkel’s 2,500 employees in Russia will continue to be employed and paid. The expected financial impact for Henkel resulting from the planned exit cannot be quantified at this time.