US EditionRENK Group AG: Susanne Wiegand to step down as chairwoman, Alexander Sagel appointed successor
5 Articles
5 Articles
A surprising change of management is imminent at the defense supplier Renk. CEO Susanne Wiegand is leaving her post at the end of January for personal reasons. Her successor has already been chosen.
RENK Group AG: Susanne Wiegand to step down as chairwoman, Alexander Sagel appointed successor
The Supervisory Board has appointed Dr Alexander Sagel, currently Chief Operating Officer (COO), as her successor. Dr Sagel will assume the position of Chairman of the Executive Board on 1 February 2025, ensuring continuity in the company’s strategic leadership. Photo: RENK Group AG. Susanne Wiegand has served in senior roles across the defence industry for 18 years, including her tenure as Chairwoman at RENK since May 2021. She cites person…
Renk Group appoints Alexander Sagel as CEO in 2025
(Reuters) – German defence firm Renk Group said on Sunday it had appointed management board member Alexander Sagel as CEO effective Feb. 1, 2025. Sagel currently serves as management board member and COO of the company. The current CEO, Susanne Wiegand, will step down from her position by the end of January, due to personal […]
The change of management at the Augsburg-based defense supplier Renk comes as a surprise - and has not been well received by investors so far.The tank transmission manufacturer Renk is getting a new management team. The supervisory board has complied with the request of CEO Susanne Wiegand to end her mandate with effect from January 31, 2025 for personal reasons, the company announced. Wiegand moved from Rheinmetall to Renk in 2021 and took the …
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