Knorr-Bremse searches for replacement Chairman

Klaus Deller, Chairman of the Executive Board of Knorr-Bremse, resigned from his position by mutual agreement last month.

The Knorr-Bremse Supervisory Board has initiated a search for Deller’s successor. During this interim period, Board members Dr Peter Laier and Dr Jürgen Wilder will assume Chairman responsibilities.

Current business trading is in line with expectations, according to Knorr Bremse. Deller resigned due to different views about leadership and collaboration. The Supervisory Board backs the current successful business strategy for the company.

“On behalf of all members of the Supervisory Board, I would like to thank Klaus Deller for the very successful work he has done over the past 10 years, in his divisional responsibility as well as since 2015, as CEO,” said Chairman of the Supervisory Board of Knorr-Bremse, Professor Klaus Mangold.

“I would like to highlight particularly the company’s successful IPO,” he said. “With its access to capital markets and its long-range company strategy, Knorr-Bremse is positioned in the best-possible way for the future.“

In other news, Knorr-Bremse completed its IPS acquisition.

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