Qiagen’s supervisory board chairman to step down in 2016

Qiagen has announced that Dr Werner Brandt, the chairman of its supervisory board, will be stepping down from this role next year.

The company has confirmed that all current members of the supervisory board will stand for re-election for the standard one-year term at its next annual general meeting (AGM), which will take place on June 23rd 2015.

For Dr Brandt, the coming one-year term will be his last, as he will not be standing for re-election at the subsequent AGM in June 2016. The announcement has been made at this time to give the firm plenty of time in which to select a successor.

The company said: "Dr Brandt, who has been a member of the supervisory board since 2007, cited business and personal commitments for his decision."

During 2014, Qiagen achieved an adjusted net sales total of $1.35 billion (912.19 million pounds), up by four percent on the previous year. In 2015, its net sales and earnings are expected to rise further at constant exchange rates, though they will likely be impacted by currency movements.