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Management and Affiliation of the Bremen Cotton Exchange

The Bremen Cotton Exchange is a commercial association with legal capacity under German law. Its major organs are the General Assembly, the Board of Directors, the Executive Committee, the Commissions and Committees and the Executive Board.

Executive Committee

The Exchange is led by its President and its Vice Presidents, who are elected on a regular basis for a set period of up to two years by the Board of Directors.

The current Executive Committee was elected in June 2020:

• Stephanie Silber (President), Managing Director of Otto Stadtlander GmbH, Bremen
• Fritz A. Grobien (Vice President), Managing Partner of Albrecht, Müller-Pearse & Co. Trade (GmbH & Co.) KG, Bremen
• Jean-Paul Haessig, (Vizepräsident), Direktor Asian Cotton Traders PTE LTD, Vietnam
• Jens D. Lukaczik (Vice President), Managing Director of Cargo Control Germany GmbH & Co. KG, Bremen

Board of Directors

The Board of Directors consists of a maximum of 12 members, who are elected by the General Assembly. More information about the Board.

Head Office

The operational management of the Bremen Cotton Exchange is in the hands of a Board. These comprise:

• Carmen Wachs (Managing Director) responsible for finances and property management.
• Elke Hortmeyer (Director) responsible for communications and international relations.
• Claudia Hagedorn (Director) responsible for marketing and retail.
• Karsten Fröse (Director) responsible for cotton quality, rules, market.

Further information is provided by the statutes of the Bremen Cotton Exchange, as amended in July 2013.

Our newsletter, the Bremen Cotton Report, is published fortnightly. The Report provides information on the national and international cotton market and provides an insight into current events, statistics and market analyses.

Our Annual Report provides our members with an account of the activities of the Bremen Cotton Exchange in the fiscal year. In addition there are extensive reports on the global cotton situation – including statistics – as well as the situation in the most important cotton producing and consuming countries.

The Cotton Exchange has various committees which deal with the specialist fields of the cotton trade. As a result, commissions are available to answer questions on cotton classing, prices, transportation and insurance and to review and update the international trading regulations.

We offer regular one-week seminars in which comprehensive information about the raw material cotton and knowledge of the business with this fibre are taught. In collaboration with the laboratory of the Fibre Institute Bremen e.V. (FIBRE) and professionals from the banking and insurance sector, we inform about cotton classing and testing, arbitration and quality arbitrage, financing, insurance and futures trading.

The International Cotton Conference Bremen has become the world’s leading conference in the field of cotton testing. Every two years, in cooperation with FIBRE, we organise this Conference which provides a forum for dialogue for participants from around the world.