Knorr-Bremse shares CEO update

The Supervisory Board of Knorr-Bremse has made an unanimous decision regarding Marc Llistosella’s role with the business.

His contract has been renewed, extending it to December 2030.

Dr Reinhard Ploss, the Chairman of the Supervisory Board of Knorr-Bremse, said: “Marc Llistosella is a leadership figure with outstanding strategy skills and highly entrepreneurial team spirit.

“These are things that he has demonstrated impressively over the last two years.

“With the global BOOST 2026 strategy program, Marc Llistosella and his Executive Board team took on the major challenges at great speed and have already implemented strategically important initiatives to keep Knorr-Bremse developing successfully as a global market and technology leader.

“Despite a tense economic situation globally, our company is today once again making an impression with its operational strength.

“On behalf of the entire Supervisory Board, I am delighted that Marc Llistosella will continue to shape the future of Knorr-Bremse as its CEO and that we will continue the Knorr-Bremse success story together. By renewing his contract early, we wish to honour his contribution to this success.”

Llistosella said: “I am pleased to have the opportunity to continue shaping the future of Knorr-Bremse together with my Executive Board team and colleagues around the world.

“We are in the middle of the company’s strategic transformation and have set out to do a great deal to make Knorr-Bremse fit for the future in all areas.

“Our clear priorities are profitability, sustainable growth and added value. We are implementing our strategy with determination. I give my thanks to Reinhard Ploss and the entire Supervisory Board for their confidence in me and look forward to continuing working together closely and trustingly.”

In other news, Knorr-Bremse completed the sale of its subsidiary, GT Emissions Systems.

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