Wacker Neuson has appointed Christoph Burkhard as new CFO.
He will officially join the company at the beginning of June, at the same time as the new Managing Director Karl Tragl takes over, succeeding Kurt Helletzgruber. Helletzgruber was initially seconded from the supervisory board on an interim basis following the departure of Wilfried Trepels at the end of November due to differences of opinion on the company’s management – see: Departure of Wacker Neuson CEO & CFO.
In his new role, Burkhard will be responsible for finance, control and risk management as well as audit, IT and sales finance. He joined the company after four and a half years as CFO of Nordex, one of the world’s largest manufacturers of wind turbine systems. Previously, he spent 18 years at Siemens, where he worked in several divisions, having started with the company in 1998 as Director of Project and Export Finance. In 2008, he was appointed CFO of the European onshore wind activity, moving to its offshore wind division.
Burkhard started his career as an analyst at the European Commission in Luxembourg, after a year at the London School of Economics. In 1993 he joined Zivnostenska Banka as a trainee analyst shortly after German bank BHF acquired 40% of the shares during the privatization of the Czech bank. In 1997, he joined IPC and the European Bank for Reconstruction, as senior advisor, then joined Siemens a year and a half later.
The Chairman of the Supervisory Board, Hans Neunteufel, said: “With Christoph Burkhard we have won a CFO with extensive international experience coupled with exceptional expertise in financing and executing global transformation processes. In addition to this, Burkhard has already proven his ability to successfully and sustainably manage working capital in a growing global engineering company – a very important area for our group as well.
Burkhard added, “I am truly looking forward to supporting the Wacker Neuson Group on their exciting journey shaped by emerging opportunities through an integrated finance function, and driving the company’s strategic goals, such as the expansion of the zero portfolio. broadcast, in collaboration with the entire management team. ”