Rainer Binder resigns as Delticom chairman

Rainer Binder is resigning as chairman of Delticom’s Supervisory Board, but will continue to work with the company as a consultant

Online tyre and wheel distributor Delticom announced yesterday that Rainer Binder, the company’s co-founder and indirect major shareholder, intends to resign as chairman and member of the Delticom Supervisory Board. Binder is reportedly relinquishing this role for “personal reasons” and his resignation takes effect from 29 February.

Upon informing the Delticom Management Board of his decision, Binder emphasised that he wishes to remain associated with the company and offered to continue to “contribute his many years of expertise in the areas of purchasing and pricing” as a consultant after he ends his tenure as Supervisory Board chairman. He intends to carry out such work without remuneration in order to “further support the successful turnaround process of the company.” The Delticom Management Board says it welcomes this offer and intends to conclude a corresponding consultancy agreement with Mr Binder, which will come into effect after his resignation from the Supervisory Board.

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