“With Dr. Tragl, we have won an experienced and international leader with an in-depth understanding of the mechanical engineering industry to steer our company,” explains Hans Neunteufel, Chairman of the Supervisory Board of Wacker Neuson SE. He continues: “He has a wealth of experience in internationalization, which we can leverage to capitalize even more effectively on opportunities that arise for us on the global market.”
Alongside his responsibilities as Chairman of the Executive Board, Karl Tragl will be responsible for the areas of strategy, M&A, legal & compliance, human resources, investor relations, corporate communication, sustainability and real estate in his role as CEO of Wacker Neuson SE.
“The electrification and digitalization of the construction industry present a number of challenges, but also huge opportunities for the Wacker Neuson Group. My clear goal is to help increase the company's value in the long term. I am looking forward to this exciting task and working closely and successfully with my new colleagues,” says Dr. Tragl.
With this appointment, the Executive Board of Wacker Neuson SE will again comprise four members. Kurt Helletzgruber will step down from his position as Chairman of the Executive Board when Karl Tragl joins the company. However, he will continue to serve as Chief Financial Officer (CFO) until further notice. Felix Bietenbeck is Chief Operations Officer (COO) and Chief Technology Officer (CTO) while Alexander Greschner remains Chief Sales Officer (CSO).
About Dr. Karl Tragl:
Dr. Karl Tragl most recently served as CEO of the Diehl Group, a global technology company with around 17,000 employees. Prior to this, Karl Tragl was Group President of the US aluminum group Alcoa/Arconic responsible for the Engineered Products & Solutions division. In addition to this, he spent 16 years at the engineering company Bosch Rexroth where, as CEO from 2010 onwards, he was responsible for the company as a whole. Karl Tragl has a PhD in engineering. He studied physics at the Friedrich-Alexander University in Erlangen–Nuremberg, Germany, and went on to complete his PhD at the German Aerospace Center in Oberpfaffenhofen, Germany.
