Ownership succession secured – Martin Fark becomes shareholder and joins the management team
Following the retirement of Ms. Bärbel Dollmann (former Managing Director) in 2012, the shareholders of STOE set out to find a suitable long-term successor. The main criteria were to find a solution that would secure the independence of STOE and insures that the management of STOE are „managing owners“, i.e. represented in the shareholder structure.
Fulfilling these requirements, Martin Fark joined the leadership team in July 2013. He assumed the role as Co-CEO & CFO and became shareholder. Martin Fark has a degree in industrial electrical engineering as well as an MBA and is responsible for managing STOE’s Commercial Operations and Sales & Marketing. Jens Richter continues to head the scientific areas as Co-CEO & CTO. “This succession secures that STOE is led with a great sense of ownership that keeps it as customer oriented as you have experienced STOE so far” Jens Richter commented. When asked about his first impressions, Martin Fark added “I am impressed by the strong and loyal, customer base that STOE has build up over its long history. It’s our obligation to keep this spirit alive while at the same time set STOE up for future growth.”
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