
Eric Goos Appointed to the Board of Sumitomo Drive Technologies
Sumitomo Drive Technologies EMEIA continues to expand its leadership team: Eric Goos has been appointed to the board and will serve as managing director of Cyclo Drive Germany GmbH.

The Hamburg-based software provider Cybus will have a dual leadership structure going forward: Stefan Schwab will join co-founder Peter Sorowka as co-CEO.

Thousands of Jobs Under Scrutiny
Evonik is restructuring the group and downsizing: The Essen-based specialty chemicals company is cutting thousands of jobs. But there is more to these job cuts than just a cost-cutting program.

The Fraba Group, a manufacturer of sensors for industrial motion control, looks back on a successful 2025, a year in which both revenue and the number of employees increased.

Siemens has appointed Markus Grabmeier as CEO of the Electrical Products (EP) business unit at Smart Infrastructure as of June 1, 2026. He succeeds Andreas Matthé, who has led the business since 2010 and will retire at the end of September 2026.

AI automation specialist reorganizes...
After almost 30 years at the helm, Werner Weiss is handing over the management of Insiders Technologies. Andree Albrecht takes over the management after a transition phase.

Carsten Koch has taken over the role of representative of the Siemens AG Mannheim branch. He succeeds Jürgen Britzius, who is taking early retirement after 37 years with the company.

Why stability is becoming a brand again
Rebranding at akf group: the Wuppertal-based bank will in future more clearly demonstrate its affiliation to the Vorwerk Group and position itself as a specialized financing partner for German SMEs.
Leadership determines whether production areas deliver stable results under pressure or remain in reaction mode. Clear management tasks, roles and routines ensure performance and turn deviations into results instead of crises.

Jens Hunecke will become Chief Business Officer of the Interconnection division at Wago from May 2026. He brings with him many years of international experience in the electronics industry and will support the strategic development of the division.

Generational change in mechanical engineering
Andreas Külschbach will take over the management of ASS Maschinenbau GmbH on April 1. The planned generational change is intended to ensure continuity, innovation and sustainable growth in the company.