Waiblingen, 9/22/2021 | Company press release
Michael Traub will become the new Chairman of the STIHL Executive Board in 2022
Michael Traub will become the new Chairman of the Executive Board of STIHL AG on February 1, 2022, as successor to Dr. Bertram Kandziora, who will retire when his current Executive Board contract expires, shortly before his 66th birthday. “We are delighted that in Mr. Traub we have been able to recruit a very experienced and expert Chairman of the Executive Board for our family business. Mr. Traub not only has extensive experience in managing large business units on various continents, but also brings with him in-depth knowledge of product and sales topics, IT, smart solutions and the start-up world,” explained Dr. Nikolas Stihl, Chairman of the STIHL Advisory and Supervisory Boards.
Born in Ehingen (Germany), the 52-year-old economist spent two decades with the Bosch Group in Germany, Asia and South and North America. After 6 years as CEO and President of Bosch Siemens Home Appliances North America, he took over the management of Serta Simmons Bedding, LLC in the USA in 2014, and later became CEO of Plum, Inc.
“The Stihl family as well as the Advisory and Supervisory Boards are very grateful to our departing Executive Board Chairman, Dr. Kandziora, for his outstanding work in sustainably developing the STIHL Group over the past 20 years. Under the stewardship of Dr. Kandziora, STIHL was able to significantly expand its product portfolio and triple its revenue from 1.5 billion euros to 4.6 billion euros at the end of last year, as well as increasing its workforce from 6,950 employees to 18,200. His efforts and the success of his approach were decisive factors in establishing the company’s current world-leading position,” commented Dr. Nikolas Stihl. Dr. Bertram Kandziora joined the company on February 2, 2002 as the Executive Board Member for Manufacturing and Materials. He was appointed Spokesman for the Executive Board on March 27, 2003 and subsequently became Chairman on July 1, 2005.
Michael Traub will join the STIHL Executive Board from November 1, 2021. Following a brief transition period, he will take over the position of Chairman of the Executive Board from Dr. Bertram Kandziora on February 1, 2022. On the recommendation of the STIHL Advisory Board, the Supervisory Board unanimously appointed Michael Traub as Chairman of the Executive Board.
