Dr Emmerich Schiller is appointed to the Management Board of RENK Group AG

Dr Emmerich Schiller is appointed to the Management Board of RENK Group AG

Augsburg, February 21, 2025 – The Supervisory Board of RENK Group AG has appointed Dr Emmerich Schiller, who holds a doctorate in engineering, to the Management Board as COO with effect from March 1, 2025, thereby ensuring continuity in the implementation of the company's growth strategy.

Dr Schiller has been a member of the management board of RENK GmbH since February 1, 2024. Since then, he has successfully managed production, supply chain management and human resources for the RENK Group worldwide. He will continue to carry out these duties in his new role as a member of the Management Board.

Before joining RENK, he spent over 30 years working primarily in the automotive industry, including as Chairman of the Executive Board at Mercedes-Benz G GmbH, as a member of the Executive Board at Mercedes- AMG GmbH, and in various management roles, mainly in operations.

“We look forward to continuing to work with Dr Emmerich Schiller on the Management Board,” said Claus von Hermann, Chairman of the Supervisory Board of RENK Group AG. “An efficient execution of the growing order backlog is a key factor for further growth at Renk. Dr Schiller has impressively demonstrated over the past year that his many years of experience and passion for operations have equipped him with exactly the skills we need at the Management Board level to sustainably drive further growth.”

“I am very much looking forward to shaping the further transformation and the future of RENK together with a strong team as a member of the Management Board,” said Dr Emmerich Schiller.

 About the RENK Group AG

Headquartered in Augsburg, Germany, RENK Group AG is a globally leading manufacturer of mission-critical propulsion solutions across diverse military and civil end markets. Our product portfolio includes gear units, transmissions, power-packs, hybrid propulsion systems, suspension systems, slide bearings, couplings & clutches and test systems. With this broad product portfolio RENK Group AG serves, in particular, customers in industries for military vehicles, naval, civil marine, and industrial applications focused on energy. In the fiscal year 2023, RENK Group AG generated revenue of EUR 926 million.

For further information, please visit www.renk.com

Disclaimer

This Press Release contains forward-looking statements that are based on plans, expectations, estimates and projections of the management of RENK Group as at the date of this Press Release. These plans, expectations, estimates and projections depend on a variety of assumptions and are subject to unforeseeable events, uncertainties, known and unknown risks as well as other factors that may cause actual results or the actual financial situation, development or performance to differ from those expressed or implied in the forward-looking statements. RENK Group does not assume any obligation to update the forward-looking statements or make adjustments to them to reflect events or developments occurring after the date of this Press Release unless obliged by statutory law.