Ziehl-Abegg appoints new CEO
German electric motor and fan manufacturer Ziehl-Abegg has appointed Chief Operating Officer Joachim Ley as its new CEO.
Joachim Ley (Photo credit: Ziehl-Abegg)
Germany, Künzelsau: German electric motor and fan manufacturer Ziehl-Abegg has appointed Chief Operating Officer Joachim Ley, with the company since 2021, as its new CEO. The Supervisory Board has decided to hand responsibility for the entire Executive Board over Ley, who holds a degree in industrial engineering, and was also responsible for production, purchasing, central logistics and processes.
“With Mr. Joachim Ley (CEO), Mr. Wolfgang Mayer (CTO) and a successor for the position of CFO to be named as soon as possible, in future we will have an Executive Board comprising 3 members,” explains Chairman of the Supervisory Board Dennis Ziehl.
“I would like to express my sincere thanks to Dr. Wucherer as CEO and Mr. [Olaf] Kanig as CFO for their work over the past years,” Ziehl added.
In his five years as CFO at Ziehl-Abegg, Olaf Kanig has shown commitment in leading the area under his control and has been jointly responsible for the development of the company. According to Ziehl, he will remain available as CFO until a new appointment is made on the Executive Board.
Source: Ziehl-Abegg
