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Tuesday, April 20, 2021 

Augsburg, Germany, based marine power transmission group Renk says that, subject to formal appointment by the Supervisory Board, Susanne Wiegand will assume the position of Chief Executive Officer of the Renk Group, succeeding Florian Hofbauer, who led Renk for almost 14 years.

While CEO, Hofbauer played a key role in driving growth and innovation while expanding technological leadership. Renk further internationalized and digitalised and Hofbauer also oversaw the transition to the new owner, a fund advised by Triton.

Wiegand is an experienced manager who has already led large and successful companies of Rheinmetall as well as the German Naval Yards shipyard group and ThyssenKrupp Marine Systems. With over 20 years of management experience in corporate leadership, M&A and operations, she brings relevant industry experience.

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