Künzelsau. In cooperation with management consulting firm McKinsey & Company, Inc. the Supervisory Board of the Würth Group’s Family Trusts and the Advisory Board of the Würth Group decided to streamline the Central Managing Board to increase its clout. The body will be reduced from seven to four members.
Robert Friedmann will remain Chairman and Peter Zürn Deputy Chairman of the Central Managing Board, Joachim Kaltmaier will continue to see to the Group’s finance sector. Newly appointed Member of the Central Managing Board is Uwe Hohlfeld, who will be in charge of strategic planning and controlling. Dr. Reiner Specht will continue his tasks, now in the function of Deputy Member of the Central Managing Board, while Mr. Michel and Mr. Rampmaier will go into their well-deserved retirement at the end of the year. Jürg Michel will join the Advisory Board of the Würth Group in 2014; Wolfgang Rampmaier will work as consultant for the Group. Michel Kern will continue to head Würth International in Chur and remains responsible for the activities in the Asian market. (…)
via Press release.