Stephan Schaller, President & CEO of Voith Group, will resign his office till 31st of October 2018 for personal reasons.

As his successor, the Shareholders’ Committee has appointed Dr. Toralf Haag. Dr. Haag has been a member of the Corporate Board of Management since October 2016 and is responsible for Finance and Controlling. He will continue to maintain his previous responsibility for Finance and Controlling and pursue both functions in personal union in the future.

The shareholders and the Shareholders’ Committee cordially thank Stephan Schaller for his commitment to the company over the last years in the supervisory boards and the Corporate Board of Management and wish him all the best for his further journey.

They wish his successor Dr. Haag continued success also for his new task.

About Voith

Voith is a global technology group. With its broad portfolio of systems, products, services and digital applications, Voith sets standards in the markets of energy, oil & gas, paper, raw materials and transport & automotive. Founded in 1867, Voith today has more than 19,000 employees, sales of € 4.2 billion and locations in over 60 countries worldwide and is thus one of the largest family-owned companies in Europe.