Dr. Karl Tragl appointed as the brand new Chairman and CEO of Wacker Neuson SE

Munich, March 23, 2021 – Dr. With impact from June 1, 2021, Karl Tragl will tackle the function of Chairman of the Administration Board and CEO of Wacker Neuson SE. Kurt Helletzgruber, who was seconded to the Government Board by the Supervisory Board and is presently quickly CEO and CFO.

“With Dr. Tragl we’ve got gained an skilled and worldwide market chief with a complete understanding of the mechanical engineering trade to handle our firm,” explains Hans Neunteufel, Chairman of the Supervisory Board of Wacker Neuson SE. He continues: “He has a wealth of expertise in internationalization that we will use to make much more efficient use of the alternatives that come up for us on the world market.”

Along with his function as CEO of Wacker Neuson SE, Karl Tragl will likely be chargeable for the areas of technique, M & A, regulation & compliance, human sources, investor relations, company communications, sustainability and actual property.

“The electrification and digitization of the development trade presents the Wacker Neuson Group with quite a lot of challenges, but in addition with nice alternatives. My clear aim is to contribute to rising the corporate’s worth over the long run. I’m wanting ahead to this thrilling job and work intently and efficiently my new colleague, “says Dr. Tragl.

With this appointment, the Administration Board of Wacker Neuson SE will once more consist of 4 members. Kurt Helletzgruber will step down as CEO when Karl Tragl joins the corporate. Nonetheless, he’ll proceed to function Chief Monetary Officer (CFO) till additional discover. Felix Bietenbeck is Chief Operations Officer (COO) and Chief Know-how Officer (CTO), whereas Alexander Greschner stays Chief Gross sales Officer (CSO).

About Dr. Karl Tragl:

Dr. Karl Tragl was most lately CEO of the Diehl Group, a world expertise firm with round 17,000 staff. Beforehand, Karl Tragl was Group President of the US aluminum group Alcoa / Arconic and was chargeable for the Engineered Merchandise & Options division. As well as, he labored for the Bosch Rexroth engineering workplace for 16 years, the place he was chargeable for the whole firm as CEO from 2010. Karl Tragl has a PhD in engineering. He studied physics on the Friedrich-Alexander College in Erlangen-Nuremberg and did his doctorate on the German Aerospace Heart in Oberpfaffenhofen.

Contact:
Christopher Helmreich
Head of Investor Relations
Wacker Neuson SE
Preussenstrasse 41
80809 Munich, Germany
Tel .: +49 – (0) 89 – 354 02 – 427
[email protected]
www.wackerneusongroup.com

In regards to the Wacker Neuson Group:
The Wacker Neuson Group is a global company community that employs round 5,500 folks worldwide. Within the 2020 monetary 12 months, the group achieved gross sales of 1.6 billion euros. As a number one producer of light-weight and compact units, the group provides its clients a broad product portfolio, a variety of companies and an environment friendly spare elements service. The Wacker Neuson Group is the associate of selection amongst skilled customers within the fields of development, horticulture, landscaping and agriculture in addition to amongst municipal our bodies and corporations in industries equivalent to recycling and rail transport. The group contains the product manufacturers Wacker Neuson, Kramer and Weidemann. The shares of Wacker Neuson SE are listed within the regulated Prime Customary phase of the Frankfurt Inventory Alternate (ISIN: DE000WACK012, WKN: WACK01) and are members of the SDAX.