Pyrum Innovations AG extends agreement with Pascal Klein
Pascal Klein’s Contract at Pyrum Extended
Pyrum Innovations AG has announced that its Supervisory Board has prematurely extended the contract with CEO Pascal Klein by five years until 1 February 2028.
Klein co-founded Pyrum Innovations ESC GmbH in 2008 and was the company’s managing partner from 2008 to 2018. Since the company’s change of legal form and name to Pyrum Innovations AG in 2018, he has been CEO.
Additionally, Kai Winkelmann will be appointed to the company’s Executive Board as CFO for three years as of 1 April 2022. Mr Winkelmann has been Commercial Director of Pyrum Innovations AG since February 2021 and, in this role, has made a significant contribution to the successful IPO on the Oslo Stock Exchange. Before joining Pyrum, Kai Winkelmann was head of trading at the investment bank Pareto Securities AS and the general manager of Equinet Bank AG.
Alf Schmidt, Chairman of the Supervisory Boardsaid; “Pascal Klein has invested an enormous amount of work and even more heart and soul in Pyrum since its foundation in 2008. The development of the unique technology and the robust growth course of the company in recent years would not have been possible without him.
“With the IPO last year and the partnerships, for example, with BASF, Continental and Schwalbe, the company is now entering the next development stage. We are delighted that Pascal Klein will continue to lead the company. At the same time, we are pleased that Kai Winkelmann, as the new CFO, strengthens the Executive Board team with his extensive expertise in finance. The successful IPO is also to his credit, and we are sure that he will provide the financial leadership necessary to achieve the ambitious goals.”