As part of the company’s strategic realignment, Michael Demmer, CTPO and member of the Executive Board, is assuming the role of interim CEO effective immediately, thereby ensuring the seamless continuation of all relevant processes, projects, and strategic initiatives.
With this step, Duravit AG is aligning itself even more consistently with the needs of customers and markets and strengthening its focus on the core brand with its timeless bathroom solutions.
“I will continue to develop Duravit AG with a clear strategy that puts people first and consistently strengthens the core brand,” says Michael Demmer. “In doing so, we will focus even more strongly on customers and markets in the future and continue to uphold the values that have always defined Duravit: timeless design, craftsmanship excellence, and first-class quality.”
This announcement follows news earlier this week that Duravit AG and Stephan Patrick Tahy have ended their collaboration by mutual agreement.