SGL Carbon chief executive officer to resign

WIESBADEN, Germany — The Chief Executive Officer of SGL Carbon, parent company of the facility in Moses Lake, has announced his resignation effective May 31, 2025. Torsten Derr will stay on as CEO until his replacement is appointed or until May 31, 2025, according to a company press release issued Wednesday. Derr said the company is in a good financial position. “SGL Carbon is once again a strong and stable company whose profitable development I will continue to work on with all my strength until the last day. SGL Carbon is now sailing in stable waters and my transformation work will be completed shortly,” he said.