Henkel CFO Says Finance Chief Tasks Gaining, Handelsblatt Says

Henkel AG’s outgoing Chief Financial Officer Lothar Steinebach said the importance of his role is continuing to grow in modern businesses, Handelsblatt reported, citing an interview.

Finance departments no longer simply identify and address under-performing sectors, they monitor raw material costs, urge sales departments to raise prices accordingly and evaluate risks in industrial pricing, he told the newspaper.

To contact the reporter on this story: Alex Webb in Frankfurt at awebb25@bloomberg.net

To contact the editor responsible for this story: Chad Thomas at cthomas16@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.