SHW AG announced that Dr. Thomas Buchholz will be the new CEO of the company. He was appointed by the supervisory board as member of the company's management board with effect as of August 1, 2013. Dr. Buchholz joins SHW AG from TI Automotive (Heidelberg) GmbH.

Until Dr. Buchholz takes office, Mr. Andreas Rydzewski will continue to act as interim CEO.