Source: Knorr-Bremse

Munich – The Supervisory Board of Knorr-Bremse AG today unanimously appointed Bernd Eulitz to be the new CEO. He will assume his post on November 1, 2019. In addition to his role as CEO, Mr. Eulitz will, as Labor Director, as well as being responsible for the HR function.

“With Mr. Eulitz, we have won a very experienced strategist with significant international and industrial expertise for the CEO position at Knorr-Bremse AG,” said Prof. Dr. Klaus Mangold, Chairman of the Supervisory Board of Knorr-Bremse AG. “As member of the managing board of Linde AG, he has decisively shaped the development of the company over the last five years. In addition, he has significantly expanded the business internationally through foresight, strong leadership and a team spirit. I am convinced that, together with the existing Executive Board team at Knorr-Bremse, Mr. Eulitz will lead the company with strategic foresight through the dynamic market environment.”

“I look forward to help shape the future of Knorr-Bremse. The company is very successful and enjoys an exceptional reputation,” says Eulitz. “The company’s IPO one year ago was very successful, and the company still managed to maintain its core essence as a family business. This combination of capital-market orientation and entrepreneurial identity is very attractive and holds great potential for the company’s future development.”

In his last role, Bernd Eulitz (53) was a member of the managing board of Linde Group, a DAX- and S&P 500 listed company. As Executive Vice President, he was responsible for the business in the Americas. In 2015, Eulitz became member of the managing board at Linde AG, where he was responsible for the Gases Division in the European, Middle Eastern and African markets. From 2010 to 2014 Eulitz was in charge for South and East Asia. Before switching to Linde, he worked in various positions at Air Liquide and A.T. Kearney. Bernd Eulitz has a degree in process engineering (TH Karlsruhe, Germany).