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Georg Annen Joins Cognis as CFO

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Cognis Corporation has named Georg E. Annen chief financial officer. As CFO, Mr. Annen will direct Cognis’ financial goals, objectives and budgets. He will oversee the investment of funds, manage associated risks and supervise cash management activities. Mr. Annen will report to Cognis Corporation president Paul Allen in Cincinnati, OH, and Cognis Group CFO Arnold Kiel in Monheim, Germany.
    
“Georg is a first-class addition to our management team at Cognis,” Mr. Allen said. “Georg is a highly accomplished financial executive with global experience, and highly respected in his field. And he knows our business. We’re delighted that Georg is joining us.”
    
A German native, Mr. Annen comes to Cognis from the Degussa Corporation, where he most recently served as vice president controlling and business services for Degussa’s peroxygen chemicals business unit in Parsippany, NJ. He previously served as vice president controlling for Degussa’s catalysts and initiators business unit.
    
Prior to Degussa, Mr. Annen worked for Messer, now Air Liquide. His time at Messer included a six-year assignment in Johannesburg, South Africa, as finance head of Messer’s South African affiliate.

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