Schaller Takes Over as Head of the Voith Group
As of April 1, 2018, Stephan Schaller has begun in his role as head of the Corporate Board of Management at Voith GmbH & Co. KGaA and will lead the international technology company. He succeeds the long-serving head of the Board, Dr. Hubert Lienhard, who, at the age of 67, is retiring as planned. Schaller has supported Voith since 2015 as a member of Voith’s Shareholders’ Committee. Schaller has many years of international experience in various sectors and industries outside Voith.
Voith to Switch Corporate Legal Status Into a KGaA
Unlisted German mechanical engineering group Voith on Monday said it plans to change its legal status into a KGaA, or a partnership limited by shares, as a way to give it greater flexibility to pursue growth options. Voith's management has recommended that the family controlled company switch its corporate legal status from Voith GmbH, into Voith GmbH & Co KGaA in July 2017, the Heidenheim, Germany-based engineering giant said. "The step is designed to increase Voith's room for…
Evolutionary Carrousel RAVE Tugs Under Construction
In cooperation with R. Allan Ltd. (RAL) and Novatug B.V., Voith participated in the development of a new tug. The Carrousel RAVE Tug (CRT) is characterized by a towing winch on a ring. This ring can rotate freely around the tug's deckhouse – a unit referred to as the "Carrousel Towing System". This system eliminates the risk of capsizing under a tow load. In combination with two Voith Schneider Propellers (VSPs) arranged in-line, the tug design allows for a slender and highly efficient hull.
Voith Turbo CEO Reinhardt Resigns
Carsten J. Reinhardt, President and CEO of Voith Turbo and member of the Corporate Management Board of Voith GmbH, has resigned Tuesday in order to pursue other interests, the company announced. Dr. Uwe Knotzer will become the new Chairman of the Board of Management of Voith Turbo GmbH & Co. KG and member of the Corporate Board of Management of Voith GmbH with immediate effect Dr. Knotzer has been on the Board of Management of Voith Paper since 2012, where he is in charge of the Products & Services business line.
Voith Maintains Status Quo Despite Difficult Environment
Voith Group reports on financial results at end of fiscal year year 2012 (ending September 30, 2012). The Voith Group has finished the fiscal year 2012 satisfactorily in a challenging market environment. The globally active family-owned company increased its Group sales by 2 percent to EUR 5.7 billion compared to the record value of the previous year. With EUR 5.7 billion, orders received were behind the excellent value of last year amounting to EUR 6.4 billion (-10 percent), which, among other things, was due to an extraordinarily high volume of major orders from the hydro power market.
Voith Taps Reinhardt as President & CEO
Carsten J. Reinhardt Becomes Member of the Corporate Board of Management of Voith GmbH and President and CEO of Voith Turbo GmbH & Co. KG. Heidenheim, Germany June 14, 2012 – This is to announce the appointment of Carsten J. Reinhardt as Member of the Corporate Board of Management of Voith GmbH and as President and CEO of Voith Turbo GmbH & Co. KG. As of July 1, 2012, Reinhardt will succeed Dr. Hubert Lienhard who had held this function since January 1, 2012 in addition to his office as President and CEO of the Corporate Board of Management of Voith GmbH.