Flexible Electronics News

Dr. Torsten Derr Becomes SCHOTT’s New CEO on Jan. 1, 2025

Dr. Derr previously served as CEO of SGL Carbon SE from 2020-2024.

Effective Jan. 1, 2025, Dr. Torsten Derr will take the helm of SCHOTT AG as CEO. As announced in October 2024, he will succeed Dr. Frank Heinricht, who led the international technology group successfully for 11 years and will retire on Dec. 31, 2024.

Dr. Derr, who has served as CEO of SGL Carbon since 2020, will join SCHOTT upon the conclusion of his contract. In his new position in Mainz, he will be responsible for SCHOTT’s Tubing Business Unit as well as the corporate functions Research & Development, Compliance & Legal, Human Resources, Marketing & Communications, and Strategic Development. He will also serve as chairman of the Supervisory Board for SCHOTT’s subsidiary SCHOTT Pharma.

Born in 1970 in Bremen, Germany, Dr. Torsten Derr earned a master’s degree and a Ph.D. in chemistry from the University of Bremen, then began his career in 1997 at Bayer AG as an R&D manager for plastics. In 2003, he joined LANXESS AG, where he held various leadership roles, including head of commercial and supply chain excellence and chief commercial officer.

In 2016, he moved to the company’s subsidiary Saltigo, where he managed the fine chemicals business until becoming CEO of SGL Carbon, headquartered in Wiesbaden. There, he worked to ensure the successful and profitable development of the publicly listed company focused on carbon-based technologies.

“The Supervisory Board looks forward to working with Dr. Derr,” Dr. Michael Bolle, chairman of SCHOTT’s Supervisory Board, said. “His extensive experience and track record in leading and developing technology companies make him highly qualified for the position. With SCHOTT, he is joining a healthy and growth-oriented company with a solid foundation. Our best wishes to Dr. Derr.”

Dr. Derr succeeds Dr. Heinricht, who became SCHOTT’s CEO in 2013 when the company was still grappling with a downturn in the German solar industry. In the years that followed, Heinricht steered SCHOTT back to a successful trajectory. Focused on innovation, his growth strategy significantly improved business performance, while his emphasis on a strong team culture inspired employees worldwide.

SCHOTT’s new CEO intends to build on this legacy: “SCHOTT is a company with an impressive history and tradition that is simultaneously highly innovative and future-oriented. It’s an honor to take on the leadership of the company. I look forward to the challenging and exciting journey ahead,” said Dr. Derr.

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