On August 1, 2022, Dr. Steffen Haack (56) took over responsibility as Chairman of the Executive Board of Bosch Rexroth AG. He has been a member of the Executive Board since January 1, 2021 with responsibility for development and the two product areas of industrial hydraulics. Rolf Najork (60), CEO of Bosch Rexroth since 2016 and Managing Director of Robert Bosch GmbH since January 2019, will focus on his role at Bosch following the successful realignment of Bosch Rexroth.

Filiz Albrecht, Member of the Board of Management and Labor Director of Robert Bosch GmbH and Chairman of the Supervisory Board of Bosch Rexroth AG, says: "I am convinced that Bosch Rexroth, under the leadership of Steffen Haack, will master the future challenges in the business fields of hydraulics and factory automation outstandingly well. Steffen Haack knows Bosch Rexroth's customers and employees very well and is a recognized expert for customer-oriented innovations."

Rolf Najork concentrates on Robert Bosch GmbH

Commenting on Najork, Albrecht added: "I would like to thank Rolf Najork for his strong leadership, which he has used to shape Bosch Rexroth into a very successful part of the Bosch Group since 2016. Together with the global team, he has sustainably increased the innovation and competitiveness of our control and drive business and created a strong culture of customer focus, collaboration and commitment that characterizes Bosch Rexroth. Bosch Rexroth is very well equipped for the future." In addition to his role as Chairman of the Board of Management of Bosch Rexroth AG since February 2016, Najork has also been a member of the Board of Management of Robert Bosch GmbH since January 2019. During his time as CEO of Bosch Rexroth, Najork has comprehensively restructured the company.

Haack, who holds a doctorate in the field of fluid technology, began his career at Bosch in 1996. Since 2001, he has taken on various roles at Bosch Rexroth, both in relation to factory automation and hydraulics. From 2015 to 2017, he was already a member of the Executive Board. From 2017 until the end of 2021, Haack headed the Industrial Hydraulics product division and rejoined the Executive Board in January 2021. Since then, he has been responsible for all of Bosch Rexroth's development activities and the New Business product area. In addition to his professional activities, Haack is Chairman of the Fluid Technology Association in the VDMA and a member of the Advisory Board of the German Mechanical Engineering Summit.

Other members of the Executive Board retain their duties

Haack will continue his current responsibilities on the Management Board, Development and the New Business product area, as Chairman of the Management Board. He will take over responsibility for the Strategy, Business Development and Benchmarking central unit from Najork. The other four members of the Management Board - Holger von Hebel, Thomas Donato, Reinhard Schäfer and Dr. Marc Wucherer - will retain their current responsibilities.

Commenting on his new role, Haack says: "I am looking forward to continuing to drive forward the dynamic development of Bosch Rexroth with the global team: in the further development and sustainability of our products and solutions, the strengthening of our global supply chains, the competitive positioning of our company and the further development of our strong corporate culture."

Bosch Rexroth recently further intensified the development of its product portfolio and its regional positioning and announced, among other things, the acquisition of US hydraulics specialist HydraForce. In the 2021 financial year, Bosch Rexroth achieved record order intake of around 7.5 billion euros and returned to pre-crisis sales levels of 6.2 billion euros. Bosch Rexroth is currently also forecasting growth in order intake and sales for the 2022 financial year. Bosch Rexroth has around 31,100 associates worldwide.