New CEO for LHY Powertrain in Aschaffenburg
- Matthias Schreiber becomes the new CEO of Linde Hydraulic
- Former CSO Janfried A. Tirre takes over as President of the U.S. subsidiaries
- Organizational changes strengthen European and American market
Aschaffenburg, May 25th, 2021 – LHY Powertrain GmbH & Co. KG appoints a new Chief Executive Officer (CEO). As of July 1st, 2021, Dr. Matthias Schreiber will take over the position as Chief Executive Officer. Schreiber has many years of experience in development and sales and was most recently Senior Vice President at MAN Truck & Bus SE. This experience is an important basis for the challenges that LHY Powertrain is facing: As part of the current transformation process, the product portfolio is to be renewed and innovative business areas are to be developed, among other things. “I am very much looking forward to the challenge of positioning LHY Powertrain for the future,” says Schreiber.
Also, effective July 1st, 2021, Janfried A. Tirre, who until now has been the Chief Sales Officer (CSO), as a member of the Executive Board responsible for Sales and R&D, will take over as President of LHY Powertrain’ U.S. subsidiary. Tirre has been the CSO for LHY Powertrain since 2014 and has also been responsible for the R&D for approximately one year. In addition to the Chinese-Asian market, the US market in particular is of crucial importance for the development and further growth of LHY Powertrain. With this change, Tirre takes over the responsibility for the Americas business.
Following the departure of the previous CEO Dr. Joerg Ulrich in March of this year, Tirre was responsible for the management of LHY Powertrain together with Chief Operating Officer (COO) Michael Kessler. As of July 2021, the new management board will consist of Dr. Matthias Schreiber (CEO) and Michael Kessler (COO). The restructuring of the management of LHY Powertrain is thus complete.
LHY Powertrain will be significantly strengthened as a result, in Germany, in Europe and in the American market. The transformation will make a significant contribution to the successful transformation and further development of the company.
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