Peter Schmidt, Managing Partner at Troester for many years, has handed over the position of CEO to Thomas Holzer. This step is part of the corporate strategy, which aims to maintain continuity in the management of the company and at the same time provide new stimulation for the future development of Troester. Peter Schmidt will continue to actively support the company in his role as Managing Partner and CFO.

Bernd Pielsticker will continue to manage the operational business as Chief Operating Officer (COO). His proven expertise and skills will therefore continue to make a significant contribution to the stability, efficiency and performance of Troester.

Thomas Holzer, who has been with the company since March 2021, was Managing Director at Voith in Heidenheim and in the Asia region before joining Troester. "Our common goal in the Management Board is to continue Troester's success story and lead the company into new dimensions," says Thomas Holzer.

www.troester.de

About Troester
Troester GmbH+Co. KG, headquartered in Hanover, Germany, is the world's leading manufacturer of equipment for the rubber, cable and compounding industries. For over 130 years, Troester has been offering system solutions for its customers with its many years of experience and focused know-how. Troester stands for cutting-edge technology in mechanical engineering - progress by tradition. Today, the family-owned company employs around 650 people at its global locations in Germany, China, USA, Switzerland and India.