FX.co ★ BayWa CEO Marcus Pollinger And CFO Andreas Helber To Step Down

BayWa AG (BYWG), the prominent German provider specializing in trading, logistics, and supplementary services, has announced that Chairman and CEO Marcus Pollinger will step down from the Board of Management by mutual agreement, effective October 31, 2024.

In a related development, the Supervisory Board has reached a mutual agreement with Chief Financial Officer Andreas Helber to conclude his tenure on March 31, 2025.

The company has also appointed Michael Baur, currently serving as Chief Restructuring Officer and Chief Representative, as an additional member of the Board of Management.

The process to appoint successors for these key positions is already underway.

Pollinger, who assumed the role of CEO in April 2023, has had a longstanding association with BayWa since 2008. He joined the Board of Management in November 2018 and was initially responsible for divisions including Agriculture, Agricultural Equipment, Building Materials, and Energy. His responsibilities expanded in July 2021 to encompass Group IT.