Fuchs Petrolubs supervisory board appointed Dagmar Steinert chief financial officer effective Jan. 1, 2016, succeeding retiring CFO Alexander Selent, and renewed Executive Board Chairman Stefan Fuchs contract until June 30, 2021. Pilot Chemical formed a search committee to identify a new president, as current President and Chief Operating Officer Pam Butcher requested an orderly transition to have more time to pursue other interests. Once a successor is in place, Butcher will join Pilots board of directors.