Interim MD set to manage group together with Emese Weissenbacher.
MANN+HUMMEL has appointed Nicolaas Zerbst as interim managing director who will manage the group together with managing director Emese Weissenbacher.
Werner Lieberherr CEO of MANN+HUMMEL has now left the company by mutual agreement.
Thomas Fischer, chairman of the supervisory board at MANN+HUMMEL, thanks Werner Lieberherr for his commitment to the consistent expansion of the transportation as well as the life science and environment business units.
He said: “Our company and its teams are committed to identifying and implementing future trends at an early stage to sustainably strengthen our competitiveness.
“We will now take sufficient time to find a successor.
Meanwhile we can build on a leadership team that has been managing the company internationally in a highly professional manner for a long time.”
In 2018, MANN+HUMMEL’s sales increased slightly to 3.96 billion euros, but earnings fell by almost half to just under 93.6 million euros EBIT.
With an efficiency strategy, 100 million euros are to be saved worldwide in the course of 2019/2020.
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