Henkel announces Carsten Knobel, corporate senior VP and financial director of Henkel´s cosmetics/toiletries business, to succeed Lothar Steinebach as CFO mid-2012

DUSSELDORF, Germany , December 13, 2011 (press release) – Effective July 1, 2012, Carsten Knobel (42), Corporate Senior Vice President and Financial Director of Henkel´s Cosmetics/Toiletries business and responsible for Corporate Controlling, will succeed Lothar Steinebach (63) as Chief Financial Officer of Henkel. Steinebach will retire end of June 2012 after more than 30 years with Henkel in a number leading positions and serving since 2003 on the Management Board as Executive Vice President and Chief Financial Officer.

We are pleased to name Carsten as a highly-qualified and experienced successor to our Chief Financial Officer. This decision is testament to our strong talent pipeline and people development at Henkel. It is also in line with our tradition to decide timely on upcoming changes at the Management Board,“ said Kasper Rorsted, Chief Executive Officer of Henkel.

Carsten Knobel graduated from Technical University of Berlin with a degree in Business Administration and Technical Chemistry and started his career with Henkel in 1995 in R&D. From 1998 onwards, he held several management positions in Finance/Controlling and International Marketing, including the post merger integration in the US after the acquisition of Dial Corporation. In 2006 he took over responsibility for Group Strategy and Corporate Controlling. Since 2009, he is Financial Director for the Cosmetics/Toiletries business of Henkel.

Lothar Steinebach joined Henkel in 1980 as legal counsel in the Legal Department in which he held several leading positions. In 1995, he was appointed to Corporate Senior Vice President Finance/Controlling. Since 2003, he is a member of the Management Board as Executive Vice President and Chief Financial Officer, responsible for Finance/Controlling, IT, Legal and Purchasing.

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