On February 12, the Supervisory Board of Deutz AG appointed Sebastian C. Schulte as Chairman of the Executive Board with immediate effect, as the company announced. He succeeds Frank Hiller, who was dismissed by the supervisory board after five years in this area of ​​responsibility. His mandate was only extended by five years in February 2021.

Der gleichen Mitteilung zufolge wurde Dietmar Voggenreiter zum Vorsitzenden des Aufsichtsrats gewählt. Er trete die Nachfolge von Bernd Bohr an, der sein Mandat niedergelegt habe. Bohr bleibe ordentliches Mitglied des Aufsichtsrats.

Schulte has been a member of the Deutz board since January 2021 and has previously served as CFO and labor director for the finance, human resources, purchasing and information services departments, the company writes. He will continue this task on an interim basis. Previously, Schulte was Managing Director and Chief Financial Officer of the marine division of the ThyssenKrupp Group (ThyssenKrupp Marine Systems).

The supervisory board wants the board to consist of four people again. In addition to the new CEO Schulte, Markus Müller (Research & Development) and Michael Wellenzohn (Sales, Marketing and Service), a woman is to be appointed according to the Supervisory Board's commitment.

Editorial staff / gwh