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Weru: chairman steps down

2 July 1998: Juergen Bockstette, management board chairman at window and door manufacturer Weru AG of Germany since 1995, has reportedly left the company.
According to company reports, the decision …

2 July 1998: Juergen Bockstette, management board chairman at window and door manufacturer Weru AG of Germany since 1995, has reportedly left the company. According to company reports, the decision was mutual. There were rumours that Bockstette“s departure was a result of poor 1997 results when turnover fell 11% to DM 402 million. Ordinary operating profits dropped to DM 30 million. Further details were expected to be announced at the AGM on 24 June. Management board member Walter Had, 54, has been appointed new chairman, the report said. In March this year, Weru parted with its finance director Hartmut Methling.

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