OR WAIT null SECS
The Shareholders' Committee of Voith Management GmbH has decided about the succession of Dr. Hubert Lienhard, long-standing President and CEO of the Management Board. Stephan Schaller, currently member of Voith Shareholders’ Committee and head of the global motor-cycle division of BMW Group, has been appointed as successor. As planned, Lienhard, who has been in charge since 2008, will retire in 2018 upon completion of his second term in office at the age of 67. The change at the top will take place on April 1st 2018.
Stephan Schaller, born in 1957, studied mechanical engineering at Rheinisch-Westfälische Technische Hochschule (RWTH) Aachen. From 1981 to 1999, he held management and executive positions at BMW Group. After four years, initially as head of technical planning, then in the technical management of Linde AG's refrigeration division, Schaller joined Volkswagen AG in 2004 as head of production for the commercial vehicle division. Since 2007, he has been Chairman of the Board of Management of commercial vehicle brand of Volkswagen. In 2010, he became Vice Chairman of the Executive Board of Schott AG before being appointed head of the global motorcycle division of BMW Group in June 2012. Schal-ler has been a member of the Shareholders' Committee of Voith since October 1st 2015.