New CFO For Deutz AG

By Mike Osenga07 August 2020

The supervisory board of Deutz AG has appointed Dr. Sebastian Schulte to the board of management of Deutz AG effective no later than February 1, 2021. As chief financial officer (CFO), Schulte will take over responsibility for finance, human resources, purchasing, and information services on March 1, 2021.

The current CFO, Dr. Andreas Strecker, has decided to leave the company. Strecker, whose previous appointments included president & CEO of Daimler Buses North America and CEO of Solaris Bus & Coach, will return to running a company in his new post as a general manager.

Schulte, 41, had been a managing director and the chief financial officer of ThyssenKrupp Marine Systems, the marine division of the ThyssenKrupp Group, since 2018. After studying at Ruhr University Bochum and obtaining his doctorate at the Judge Business School of the University of Cambridge, Schulte held various roles at the group headquarters of ThyssenKrupp AG. Between 2014 and 2017, he contributed to the restructuring and sale of ThyssenKrupp’s steelworks in Rio de Janeiro in his role as CFO and member of the executive board.

MAGAZINES
Latest News
Franziska Cusumano to head Mercedes-Benz Special Trucks
Cusumano succeeds Ralf Forcher, who will retire at the end of the year
Komatsu diesel-powered small-class LHD
WX03 LHD machine includes a heavy-duty all-mechanical powertrain incorporating a Cummins turbo diesel engine
Rolls-Royce delivers 5555th mtu engine to Bell
Series 1000, 1300 and 1500 engines include units capable of running on synthetic fuels