NWK CEO Theo Rabe
Agricultural products and services provider NWK has appointed Theo Rabe – the group's FD since 2005 – CEO with effect from September 5.
He has already acted as MD for the past nine months.
"The appointment stems from a transparent process that has taken place over several months, and in which external specialists were employed in the recruitment and assessment process.
“The board is of the opinion that his financial expertise, first-hand knowledge of the group and his agriculture-specific exposure over 24 years, corresponds with NWK's focus on core business, but also on future expansion opportunities,” said NWK chairperson Heinrich Krüger.