Wacker Neuson Expands Executive Board

The supervisory board of Wacker Neuson SE has appointed Felix Bietenbeck as a new member to the executive board effective October 1, 2020. Bietenbeck will assume the newly created position of chief operations officer (COO).

The expansion of the executive board is in response to the group’s growth in recent years, the company said. “With our portfolio of innovative light and compact equipment, we have experienced dynamic growth over the past few years. We are delighted to win Mr. Bietenbeck to the Wacker Neuson Group, an experienced industry leader with proven operational expertise. This expansion of our executive board speaks to the growing number of leadership and organizational tasks required to make the most of emerging business opportunities,” said Hans Neunteufel, chairman of the supervisory board of Wacker Neuson SE.

Felix Bietenbeck, 55, joins Wacker Neuson from the Continental Group. He most recently served as executive vice president responsible for Vehicle Dynamics, a business unit with around 10,000 employees and more than 20 production and development locations. Before that, he held various roles with Continental in China, Mexico and Germany.

With Bietenbeck, the executive board of Wacker Neuson SE now has four members; Martin Lehner, CEO is chairman of the executive board in addition to his role as CTO and COO. From October onwards, Bietenbeck will act as COO, while Lehner will focus even more on the group’s strategic direction and the further strengthening of its innovative drive. The functions entrusted to Alexander Greschner (CSO) and Wilfried Trepels (CFO) remain unchanged. “The expansion of the executive board is an important step in efforts to reorganize internal group structures, which have been underway for some months now. The aim is to align our organization even more closely with the needs of our customers, eliminate redundant structures, streamline reporting lines and give even stronger momentum to our innovative capabilities,” Lehner said.