As of April 1, 2018, Stephan Schaller has begun in his role as head of the Corporate Board of Management at Voith GmbH & Co. KgaA, Germany, and will lead the international technology company going forward. He succeeds the long-serving head of the board, Dr. Hubert Lienhard, who, at the age of 67, is retiring as planned. Schaller has supported Voith since 2015 as a member of Voith’s Shareholders’ Committee.

"I’m really looking forward to the new role and the challenges it will bring. I’m grateful to my predecessor for giving me a collegial and confident introduction to the world of Voith. To be asked to be Voith’s CEO is a great honor," said Schaller.

In the first weeks after assuming the role, Voith’s new CEO wants to get to know his team and the company in particular. "Voith is a very diverse international company. I will therefore take however long is necessary to get to know the company, and above all the employees."

Schaller has many years of international experience in various sectors and industries outside of Voith. In the course of his career, he has been employed in multiple management and leadership positions at Linde, Schott, and Volkswagen. Schaller, who studied mechanical engineering, was previously responsible for the motorcycle division of the BMW Group before he joined Voith.

Dr. Lienhard was also appointed to the Shareholders’ Committee beginning April 1, 2018, and will support the future development of the company with his specialist expertise. "I would like to sincerely thank Dr. Lienhard on behalf of all 19,000 Voith employees for his excellent work in the past 10 years as CEO. He has strengthened the future sustainability of the company through bold restructuring of the Group in recent years," said Professor Dr. Keitel, chair of the Shareholders’ Committee and Supervisory Board.