Sign up for our weekly email to stay on top of the latest news and insights!
Knorr-Bremse AG has extended Bernd Spies’ contract on the Executive Board for another five years, effective from March 2025. This decision was made by a unanimous vote from the Supervisory Board, ensuring Spies continues his global responsibility for the Commercial Vehicle Systems division, a role he has held since 2022.
Key Highlights:
- Bernd Spies’ Contract Extended: By unanimous vote, the Supervisory Board of Knorr-Bremse AG extended Spies’ contract for five more years.
- Leadership Since 2022: Spies has been a member of the Executive Board since 2022, overseeing the Commercial Vehicle Systems division globally.
- Strategic Vision and Customer Relationships: Dr. Reinhard Ploss, Chair of the Supervisory Board, praised Spies’ strategic vision and customer relationships, crucial during the transformation of the commercial vehicle industry.
- Continued Contributions: Marc Llistosella, CEO of Knorr-Bremse AG, emphasized the importance of Spies’ continued contributions to the company’s success and the Commercial Vehicle Systems division.
Dr. Reinhard Ploss, Chair of the Supervisory Board, highlighted Spies’ achievements, stating: “During his time in office, Bernd Spies has very successfully developed Knorr-Bremse’s global commercial vehicle business thanks to his exceptional strategic vision and outstanding relationships with customers. At a time of profound transformation in the commercial vehicle industry, characterized by enormous challenges worldwide, Bernd Spies has put the Commercial Vehicle Systems division in an excellent position for future success. We look forward to continuing our work together and building on his many years of international experience and expertise going forward.”
Marc Llistosella, CEO of Knorr-Bremse AG, remarked: “By extending Bernd Spies’s contract, the Supervisory Board of Knorr-Bremse AG has prioritized the continuity of the Executive Board team. Bernd Spies has already made a major contribution to the successful development of our company and of the Commercial Vehicle Systems division. The entire Executive Board is delighted that Bernd Spies will continue his work as a trusted member of our team.”
In response, Bernd Spies stated: “I would like to thank Knorr-Bremse’s Supervisory Board for their confidence in me, and look forward to working together with the Executive Board team and indeed, the entire Knorr-Bremse team, as we continue our successful efforts to build our company’s long-term future.”
About Knorr-Bremse
Knorr-Bremse is a global market and technology leader for braking systems and a leading supplier of other rail and commercial vehicle systems. The company’s products contribute significantly to safety and energy efficiency on rail tracks and roads worldwide. With 33,000 employees across more than 100 locations in approximately 30 countries, Knorr-Bremse develops and produces innovative solutions that meet the highest technological standards.
In 2023, Knorr-Bremse’s two divisions generated revenues of approximately €7.9 billion. The company has been a pioneer in its industries for almost 120 years, driving innovation in mobility and transportation technologies. Knorr-Bremse benefits from key global megatrends such as urbanization, sustainability, digitalization, and mobility, solidifying its position as one of Germany’s most successful industrial companies.
Subscribe Today!
Sign up for our weekly eNewsletter and get a free copy of BrakeLine, our quarterly digital magazine.
