Lothar Rentschler, chief marketing officer of holding company Pocket Kings, has announced his resignation effective September 13. Rentschler has been in the role since February 2009.
He said: “I do apologize for the inconvenience the current circumstances at PKL have caused for you personally as well as for your respective companies. Our hands in Marketing were bound and at the end even every communication was stopped. Again, I can only apologize for this situation. The future will hopefully see a better, well organized structure and a return to business as usual. To see the brand FTP going down that way, hurts a lot.”