Sartorius AG: CEO Joachim Kreuzburg Steps Down After Over 20 Years

Göttingen, July 2, 2024 - Dr. Joachim Kreuzburg, CEO of Sartorius AG, has announced he will not seek another term after his current contract ends in November 2025. The Supervisory Board expressed deep regret over his decision.

Kreuzburg has led Sartorius since 2003, starting at the company in 1999 and joining the Executive Board in 2002. Under his leadership, the company saw significant growth, with sales revenue increasing sevenfold to €3.4 billion and profits rising to €1 billion. The workforce expanded to over 14,000 employees, and the firm's stock market valuation surged from €90 million to €17 billion.

Dr. Lothar Kappich, Chairman of the Supervisory Board, praised Kreuzburg’s dynamic leadership. The Board will now begin the search for his successor.

Kreuzburg plans to focus on new projects in business and science while remaining dedicated to Sartorius until his departure.