This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Resolutions Of The Annual General Meeting Of Evotec AG

Stocks in this article: EVT

  • Actions of Management Board and Supervisory Board approved
  • Dr Walter Wenninger becomes new Chairman of the Supervisory Board
  • Dr Claus Braestrup elected as new member of the Supervisory Board
  • Fixed remuneration for the Supervisory Board concluded

HAMBURG, Germany, June 12, 2013 (GLOBE NEWSWIRE) -- Shareholders of Evotec AG (Frankfurt:EVT) (TecDAX) (ISIN:DE0005664809) today approved the actions of the members of the Management Board and the Supervisory Board for the fiscal year 2012 at the Annual General Meeting.

The Chief Executive Officer of Evotec AG, Dr Werner Lanthaler, presented the Company's performance for the year 2012 and provided the shareholders with an update on the topic innovation efficiency within Action Plan 2016.

Furthermore, the Annual General Meeting elected Dr Claus Braestrup as new member of the Supervisory Board. Dr Braestrup has extensive experience in executive-level functions at international pharmaceutical companies – among others as former President and CEO and Head of Research and Development of Lundbeck A/S and as Vice President for pharmaceutical research at Novo Nordisk A/S. His special skills in the area of drug research are of great value for his task within the Supervisory Board.

Dr Braestrup succeeds Dr Flemming Ørnskov until the completion of the Annual General Meeting 2014. Dr Ørnskov resigned as member and Chairman of the Supervisory Board upon conclusion of the Annual General Meeting 2013. In a subsequent meeting of the Supervisory Board, Dr Walter Wenninger, former Deputy Chairman of the Supervisory Board, was elected as Chairman of the Supervisory Board and Mr Roland Oetker was elected as his Deputy Chairman.

"I'd like to express my sincere gratitude to Dr Ørnskov, also on behalf of my colleagues in the Management Board, for his constructive and successful collaboration over the last years. We wish him all the best for realising his professional and personal objectives", said Dr Werner Lanthaler, Chief Executive Officer of Evotec. "At the same time, I'd like to warmly welcome Dr Claus Braestrup to the Evotec Supervisory Board."

The Annual General Meeting also approved the proposal of the Management Board and the Supervisory Board to change the remuneration of the Supervisory Board to a fixed remuneration in form of cash compensation from fiscal year 2013 onwards. Moreover, the Annual General Meeting passed all of the other agenda items requiring shareholders' approval, thereunder the resolution on single amendments of the articles of association and the appointment of KPMG as the auditor for fiscal year 2013.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,828.24 +0.49 0.00%
S&P 500 2,067.56 -5.27 -0.25%
NASDAQ 4,791.63 +4.3130 0.09%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs