DGAP-Adhoc: Evonik Industries AG: New corporate structure planned-New appointment to the Executive Board

DGAP-Adhoc: Evonik Industries AG: New corporate structure planned-New 
appointment to the Executive Board

Evonik Industries AG  / Key word(s): Strategic Company Decision

26.06.2014 15:17

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


To open up additional growth and development prospects for Evonik in
specialty chemicals, the Executive Board of Evonik Industries AG is
planning greater differentiation in the running of the various chemical
businesses in the future.

Today, the Executive Board therefore presented plans to restructure the
Group to the Supervisory Board:

- In future, the Executive Board intends to concentrate on the management
and development of Evonik within a strategic management holding structure.

- The plan is to give the operating segments greater entrepreneurial
independence in the management of their business. To achieve this, the
present Consumer, Health & Nutrition, Resource Efficiency, and Specialty
Materials segments are to become three fully functional legal entities
operating as limited liability companies (German legal status: GmbH).

The operation and management of the three segments already differs
considerably in line with their respective market requirements.

The business model for the Consumer, Health & Nutrition and Resource
Efficiency segments is based on providing customized, individual,
innovation-driven solutions, and they operate principally in markets with
high margins, growth rates and entry barriers. In these segments,
above-average profitable growth should be generated mainly by selective
investments and acquisitions.

As a more product-oriented, energy and raw material-intensive supplier, the
Specialty Materials segment is characterized principally by integrated
technology platforms and efficient processes. Evonik wants to raise
efficiency and effectiveness further in order to strengthen these
competitive advantages. Further, in the future investments and, where
appropriate, alliances will concentrate on securing and extending its good
market positions.

Details of the planned new corporate structure are to be worked out in the
course of this year and presented to the Supervisory Board for a decision.
At today's meeting, Evonik's Supervisory Board appointed Mr. Christian
Kullmann (45), currently Executive Vice President of Evonik, to the
Executive Board of Evonik Industries AG effective July 1, 2014. As Chief
Strategic Officer, he will be responsible for the Corporate Strategy &
Corporate Performance, Legal & Compliance, Corporate Affairs, and Corporate
Security Divisions.

Tim Lange
Head of Investor Relations
+49 201 177-3150

26.06.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language:     English
Company:      Evonik Industries AG
              Rellinghauser Straße 1-11
              45128 Essen
Phone:        +49 (0) 201 177-01
Fax:          +49 (0) 201 177-3475 
E-mail:       investor-relations@evonik.com
Internet:     www.evonik.com
ISIN:         DE000EVNK013, XS0911405784, XS0456708212, XS0181557454 
WKN:          EVNK01, A1TM7T, A1A6MA, 818050
Indices:      MDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Hamburg, Hannover, München, Stuttgart; Luxemburg
End of Announcement                             DGAP News-Service
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