Supervisory Board of the week: Michael Haubrich (Electronic Partner)

Michael Haubrich

A new era is dawning at the Düsseldorf trading company Electronic Partner: With the founder’s grandson Michael Haubrich, the last family member withdraws from the operative business. As the Verbundgruppe announced this week, the 40-year-old, who has been a member of the Managing Board since 2010, will move to the four-member Board of Directors at the beginning of April. There he meets two other family members: Rüdiger and board chairman Hartmut Haubrich.

Renowned trade managers, but no woman

Other members of the Administrative Board are the former Metro Management Board member and multi-supervisory board member Stefan Feuerstein as well as REWE CFO Christian Mielsch. The change of Michael Haubrich ensures “continuity in the strategic orientation of the Group” and ensures “a close relationship between the shareholders and the operational management in the future as well”, according to the EP communication. Founded in 1937 as “Radio- und Elektrogroßhandel Karl Fr. Haubrich”, the company currently employs 3200 people and has an annual turnover of almost 1.3 billion euros in Germany.