In order to ensure a smooth transition, Frank Stührenberg and Dirk Görlitzer will share the chairmanship of the management board from July 1. Frank Stührenberg will remain associated with the Phoenix Contact Group as Chairman of the Supervisory Board of the newly founded Phoenix Contact E-Mobility Holding SE.

Following the departure of Frank Stührenberg, the Phoenix Contact Management Board will continue to include the current members Torsten Janwlecke (COO), Ulrich Leidecker (COO), Frank Possel-Dölken (CDO) and Axel Wachholz (CFO) in addition to Dirk Görlitzer (Chairman and CEO).

"We are very pleased about this internal succession arrangement, which ensures maximum stability and continuity in the company's management," says Dr. Dipl.-Ing. Eberhard Veit, Chairman of the Advisory Board of Phoenix Contact. "Frank Stührenberg has made a significant contribution to the global growth and success of our company over many years. At the same time, he has played a major role in shaping the culture within the company and the direction of today's management in cooperation with the Advisory Board and the Shareholders' Meeting. His planned departure at the end of this year now opens up good prospects for his successor, together with his long-standing management colleagues, to successfully develop the strategy and positioning of Phoenix Contact on the current basis."

Dirk Görlitzer, who studied electrical engineering, has been with Phoenix Contact since 1994. His career has taken him from product manager to head of the Industrial Components and Electronics (ICE) business area to the current management of Phoenix Contact.

"Our family business is characterized by the fact that top management is also driven by the family spirit of togetherness and responsibility," emphasizes Dr. Frank Eisert, shareholder and member of the Phoenix Contact Advisory Board. "After around thirty years at Phoenix Contact, Dirk Görlitzer embodies not only technical and entrepreneurial success, but also - like Frank Stührenberg - the values that characterize our company beyond that: Trust, respect, partnership and reliability. As a passionate advocate of our vision of the All Electric Society, he will continue to consistently develop the strategic direction of Phoenix Contact."