BayWa has announced the appointment of Klaus Lutz as chairman of the management board until 2022. This decision extends Lutz' existing contract, which terminates on 30 June 2017, for another five years. At the same time, according to the president of Deutsche Raiffeisenverband e.V., extending the contract in 2016 ensures the necessary continuity in the management of the company. Klaus Josef Lutz joined the company as CEO in 2008.