Seidensticker Group announces management restructure

The Seidensticker Group has announced restructuring of management at the group of companies. The company said in a statement that Martin Friedrich, managing director and member of the board of directors, is leaving the Bielefeld company on 31 December 2019. Due to the business model’s focus, the managing partners Frank and Gerd Oliver Seidensticker have decided to focus on strategic management and the expansion of the remaining brand and private label business areas in future. The company has appointed three new senior executives - Dr Silvia Bentzinger, Dr Marc Barrantes and Dr Horst Gersmeyer, who will report to Frank and Gerd Oliver Seidensticker.