Presently, Rachel Clare Empey occupies the position of Chief Financial Officer for Fresenius SE & Co. KGaA, Chief Financial Officer at Telefónica Germany Management GmbH and Chief Financial Officer for Fresenius Management SE. Ms. Empey is also on the board of Inchcape Plc, Fresenius Kabi AG and Fresenius Medical Care Management AG and Member of Institute of Chartered Accountants in England & Wales.

In the past Ms. Empey held the position of Chief Financial & Strategy Officer at Telefónica Deutschland Holding AG, Vice President-Controlling at Telefónica Germany GmbH & Co. OHG, Commercial Manager at Weir Strachan & Henshaw UK, Head-Business Finance at Telefónica UK Ltd., Auditor for Ernst & Young GmbH and Group Controller at Telefónica Europe Plc.

She received a graduate degree from St. Hilda's College and a graduate degree from the University of Oxford.