Wacker Neuson appoints new CEO

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Wacker Neuson SE has announced Martin Lehner, its current chief technology officer (CTO) and deputy CEO, will be appointed as the company’s new CEO, succeeding outgoing CEO Cem Peksaglam, whose contract expires in August 2017.

The 51-year-old Lehner (left) has been a member of the executive board for 10 years, being responsible for procurement, production, technology and quality. Prior to joining the company, Lehner was initially a sales technician for hydraulics and drive technology, before joining Neuson Hydraulik in 1987 and becoming vice president and board member in 1990. His firm then merged with Wacker to form the company as it is today.

For the time being, the Wacker Neuson SE executive board will comprise Lehner and two other members: chief financial officer Wilfried Trepels, who is currently responsible for finance, auditing and IT; and Alexander Greschner, who is responsible for sales, service, logistics and marketing.

The 49-year-old Peksaglam (right) informed the Munich-based firm’s supervisory board back in early May that he would not be renewing his six-year contract, which expires this summer.

At the time, Hans Neunteufel, chairman of the supervisory board, had said that the outgoing CEO’s decision to pursue new endeavours was one the company respected and thanked him for his dedication and service.

July 14, 2017

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Tom is editor of ivtinternational.com and iVT magazine. During his 20 year career in journalism Tom has worked for a diverse range of titles including Men's Health and Cosmopolitan. He also edits iVT's UKi Media & Events stablemate Traffic Technology International.

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