Bosch Rexroth AG announces Management Changes

  • December 17, 2007
  • Bosch Rexroth
  • News
(Stuttgart/Lohr, Germany) Bosch Rexroth AG, parent company of Bosch Rexroth Corporation in the United States (Hoffman Estates, IL), has announced new management changes effective February 1, 2008.Dr. Albert Hieronimus will take over as chairman of the Bosch Rexroth AG board of management, replacing Manfred Grundke, who is leaving Bosch February 29, 2008 to become managing director of a privately owned German company.Hieronimus is currently managing director of Motor Industries Company Limited (Mico), a Bosch subsidiary headquartered in Bangalore, India. In addition, Dr. Karl Tragl, who is responsible for Bosch Rexroth’s Electric Drives and Controls division, will be appointed to the company’s board of management. In his new role, he will be responsible for sales.“We would like to thank Manfred Grundke for his successful work of the past years, and are glad to welcome Dr. Albert Hieronimus as his successor, since he knows Bosch Rexroth very well,” said Dr. Siegfried Dais, deputy chairman of the Bosch board of management and chairman of the Bosch Rexroth AG supervisory council.Berend Bracht, president and CEO of Bosch Rexroth in North America, added, “I wish all the best for Manfred. During his tenure he helped to establish Bosch Rexroth as a leading automation partner for industrial and mobile customers not only in Europe but here in North America and throughout the world,” Bracht said. “Bosch Rexroth has a strong management team and many superb employees. I’m now looking forward to working with Dr. Hieronimus, whose experience and know-how will help us continue to serve customers on a global basis with applications engineering and advanced drive and control technology,” said Bracht.Following his degree in mathematics, and while studying for his doctorate, Hieronimus first worked as a research assistant at the University of Cologne before joining what was then Mannesmann AG in 1979. He held various positions there, with increasing levels of responsibility. In 1993, he was appointed to the board of management of Mannesmann Rexroth AG. Following the merger of Mannesmann Rexroth AG with the Bosch Automation Technology division in 2001, he initially served on the executive management of Bosch Rexroth, where he was responsible for human resources, IT, and coordinating post-merger integration. In 2003, Hieronimus left Bosch Rexroth to become managing director of Mico, Bosch’s Indian subsidiary. He will retain his involvement with Mico, becoming chairman of the Indian company’s board of directors effective February 1, 2008. A physics graduate, Dr. Karl Tragl joined Mannesmann Rexroth in 2000, following jobs at the German Aerospace Research Center and Siemens, with assignments in Munich and the UK. He is currently president of the Electric Drives and Controls division of Bosch Rexroth, with responsibility for technology. Bosch Rexroth AG, part of the Bosch Group, achieved sales of approximately $6.2 billion (4.9 billion Euro) in 2006 with over 29,800 employees. Under the brand name of Rexroth the company offers all drive and control technologies, from mechanics, hydraulics and pneumatics to electronics and associated service. Over 500,000 customers worldwide utilize Rexroth’s unique technological know-how to implement their innovative and future-oriented systems and machine concepts. The global player, represented in over 80 countries, is an extensive supplier of components and systems for industrial and factory automation and mobile applications. PHOTO CAPTION: Dr. Albert Hieronimus Learn More

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