60 innovation says Kilian Kunert Axel Anton Kunert adds A company isn t a monarchy We re here because we want to help shape the future of Paul Co The upper management of the company has already transitioned in advance of the new generation of the family Herbert Nowak has taken over the operational management alongside Kilian Kunert while Alexander Herbert has taken responsibility for Finance Controlling All three of them are vested with general commercial power of rep resentation CHANGEMENT AUSSI À BEILLARD At Beillard s plants in La Talaudière and St Hilaire de la Côte too the next generation is taking over Today Managing Director Jean François Beillard is being assisted by his son Hugo who is preparing to take over the management of the company Succession planning is a major chal lenge for many family run businesses Who wants to be in charge Who is best suited for it What s the best time to make the change Paul Co prepared the generational change well in advance so that everyone the customers the employees and the protagonists themselves would be ready for it when it came Will the new management bring a change of course for Paul Co Yes and no It s the time of the sons Manfred and Walter Kunert Managing Partners will be with drawing from operational management in the future in order to hand over the baton to Manfred Kunert s sons Kilian and Axel Anton Kunert The fifth generation of the family to run the company both Kilian and Axel are already active in the employ of the Kunert Group It s important to the two brothers to balance continuity with change They want constructive future facing evolution rather than disruptive revolution Paul Co will remain true to itself a company led by values We ll stay focused on leadership in THE MORE THINGS CHANGE A NEW GENERATION AT PAUL CO AND BEILLARD FROM THE FACTORIES I A NEW GENERATION AT PAUL CO AND BEILLARD

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