Table of Contents
Key Figures 2002
Our Management Board
Letter to Shareholders
Our Year 2002
Supervisory Board and Management Board
Report of the Supervisory Board
Regional Organization
Major Subsidiaries
5-Year Summary
Contacts and Calendar 2003
Glossary
   

Region North America
The U.S. American has been active in the field of dialysis for more than
35 years. After earning his master’s and doctoral degrees at the
Massachusetts Institute of Technology in chemical engineering, Dr. Lipps led
the research team that developed the first commercial Hollow Fiber Artificial
Kidney at the end of the 1960s. With that the triumphal procession of the
artificial kidney – the dialyzer – has commenced. Before joining Fresenius
Medical Care in 1985, Dr. Lipps held several research management
positions, among them with DOW Chemical. Dr. Lipps is married and
has three children.

Dr. Ben Lipps (62)
Chairman of the
Management Board
     

Region Asia-Pacific
After completing his studies of economic sciences at the University
of Valencia, the Spaniard founded the company Nephrocontrol S.A. in 1983.
In 1991, the company was acquired by the Fresenius group, where Mr. Fusté
has worked since then. Before being appointed to the Management Board
of Fresenius Medical Care in 1999, Mr. Fusté held several senior executive
positions within the company in Latin America, the Asia-Pacific area and
other locations. The enthusiastic yachtsman and golfer is married, the
father of three children and is based in Hong Kong.

Roberto Fusté (51)
   
   

Region Europe, Latin America, Middle East and Africa
After studying bioengineering, Dr. Gatti lectured at several biomedical
institutions and was involved in comprehensive research and
development activities. Dialysis and blood purification as well as
biomedical signal analysis and safety of medical devices were his major
subjects. Dr. Gatti has been with the Fresenius group since 1989. Before
being appointed to the Management Board in 1997, he was responsible
for the dialysis business in Southern Europe, among other things. Dr. Gatti
is married, father of two daughters and a keen skier.

Dr. Emanuele Gatti (47)
   
   

Law & Compliance
Dr. Runte has worked for the Fresenius group for more than 13 years.
Previously he served as a scientific assistant at the law department of the
Johann Wolfgang Goethe University Frankfurt and as an attorney in a law
firm specialized in economic law. Dr. Runte took the position of Senior
Vice President for Law for Fresenius Medical Care in 1997 and was
appointed as deputy member to the Management Board in 2002. The avid
skier is interested in law philosophy and law history as well as theater and
opera.

Dr. Rainer Runte (43)
   
   

Finance
Dr. Schneider studied and graduated in economics, finance and accounting
in Switzerland and in the U.S. Before joining Fresenius Medical Care in 2001,
Dr. Schneider held several senior executive positions in various companies of the diversified multinational corporation Franz Haniel & Cie. GmbH in Germany, the U.S. and the United Kingdom. Among them he was Group Finance Director for the British subsidiary of the pharmaceutical wholesale and retail distributor Gehe. Dr. Schneider is married and counts jogging and cycling among his hobbies.

Dr. Ulf M. Schneider (37)