Hans-Joachim Boekstegers to leave Multivac
Multivac Group announced that it is to depart the current CEO, Hans-Joachim Boekstegers, starting next year. The leadership over the group will be shared between two other important names of Multivac's executives: Christian Traumann and Guido Spix.
"After more than 18 years as CEO of the Multivac Group, Hans-Joachim Boekstegers will hand over the business on 1 January 2020 to his director colleagues, Christian Traumann and Guido Spix, and bow out of the company. Mr. Traumann and Mr. Spix will manage the company jointly in future", said the group in a press release.
From the beginning of 2020, Christian Traumann will assume responsibility for Sales and Finance, while Guido Spix will be in charge of Technology and Production. Christian Traumann had been the Commercial Head of the Multivac Group since the beginning of 2002, before being appointed as Director and CFO for the Group in August 2008. Guido Spix joined the company as Director in March 2009 and has since assumed the position of CTO/COO.
Hans-Joachim Boekstegers joined the Multivac Group as CEO on 1 April 2001 and has since played a determining role in driving forward the successful development of the company. Mr. Boekstegers was responsible in particular for the systematic expansion of the product portfolio and Multivac's sales and service network. During this time the company's turnover was more than quadrupled, reaching some 1.1 billion euros at the end of 2018, and the number of employees rose from 1,600 to around 5,900.
"Mr. Boekstegers will continue until the end of the year to guide Multivac's destiny as usual, and he will remain on friendly terms with the company after this period," according to the press release.
The fresh meat packaging market is to witness steady growth for the next three years, according t...