Change of CEO at Wittur

The Wittur Group has announced that the Supervisory Board and CEO Patrik Wohlhauser have mutually agreed to terminate their cooperation.

Gerrit Marx, an Operating Partner at Bain Capital who has been responsible for the Wittur Group since Bain Capital first invested in the company more than two years ago, will assume Wohlhauser’s responsibilities as interim CEO with immediate effect. This will give the Supervisory Board sufficient time to find the best possible candidate for the CEO position.

Marx has been seconded and temporarily released from his duties at Bain Capital for the duration of his assignment with Wittur. Having held various leading positions at Volkswagen and Daimler Trucks prior to joining Bain Capital, Marx can draw on a wealth of management experience combined with in-depth expertise in the elevator industry and knowledge of the Wittur Group’s main multinational customers.

www.wittur.com