Symrise stock sets CFO transition for April 2027
Published on 11/13/2026 at 11:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSLeadership transition shapes Symrise outlook
- Martin Huber will become chief financial officer on April 1, 2027, succeeding Olaf Klinger.
- Klinger will leave the Executive Board after more than eleven years at Symrise.
- Walter Ribeiro's Executive Board mandate has been extended through September 19, 2031.
Symrise is preparing a planned change at the top of its finance function. The Supervisory Board appointed Martin Huber as the next chief financial officer on November 10, with the transition scheduled for April 1, 2027. The company announced the move in its official release.
Huber will succeed Olaf Klinger, who will remain CFO until March 31, 2027, before leaving the Executive Board after more than eleven years in the role. Symrise said Huber brings more than 20 years of international finance and leadership experience from Nestle, Nespresso and Aryzta.
Planned handover supports continuity
The company presented the appointment as part of long-term succession planning. Huber is expected to support the continued execution of Symrise's ONE SYM transformation, disciplined capital allocation and long-term profitable growth. Klinger said the transformation was entering its next phase and that he had not intended to seek a further term beyond January 2028.
The handover timetable reduces the risk of an abrupt finance leadership change. Klinger will remain responsible for the function during the transition, while Huber is due to take over at the start of the second quarter of 2027. For investors, the key issue is whether the incoming CFO maintains the company's focus on cash flow, profitability and capital allocation rather than changing the financial priorities immediately.
Ribeiro mandate adds board stability
Alongside the CFO succession, the Supervisory Board extended Walter Ribeiro's Executive Board mandate by four years to September 19, 2031. Ribeiro has led the Taste, Nutrition & Health division on the Executive Board since September 2024 and has been with Symrise for more than 30 years. The extension provides longer-term continuity for one of the group's main operating areas.
Symrise stock traded at 98.04 euros on Lang & Schwarz at 11:31 CET on Friday, November 13, 1.13 percent above the Xetra close of Thursday, November 12. The move gives investors a current market reference while the leadership announcement remains focused on a transition scheduled several months ahead.
Symrise stock at a glance
- Company: Symrise AG
- ISIN: DE000SYM9999
- Ticker: SY1.DE
- Trading venue: Lang & Schwarz
- Price: 98.04 euros at 11:31 CET on November 13, 2026
- Change: 1.13 percent above the Xetra close of November 12, 2026
- Xetra close: 96.94 euros on November 12, 2026
European equities provided the broader market backdrop for investors following the DAX.
