Supervisory Board of BAUER AG appoints two new members to the Executive Board

Schrobenhausen, Germany – At its most recent meeting, the Supervisory Board of BAUER AG appointed two new members to the Executive Board. Prof. Dr.-Ing. Detlef Heck will be responsible for the Geotechnical Solutions segment from August 15. Dr. Martin Thormann will join the Executive Board on September 15 and will then be responsible for the Equipment segment. A concrete division of responsibilities and tasks with regard to all business segments will be determined in the near future.

Both new appointments strengthen the strategic and operational orientation of the BAUER Group. With their proven expertise and leadership skills, Prof. Dr. Heck and Dr. Thormann will make an important contribution to the sustainable development of the group.

Prof. Dr.-Ing. Detlef Heck began his career in 1997 at Züblin Spezialtiefbau GmbH before being appointed professor of construction management and construction economics at Graz University of Technology in 2006. From 2007, he was managing director of profacto GmbH and then managing director of H+P Consult GmbH in Graz. In addition, he has been a court-certified and sworn expert in calculation, procurement, contract law, construction management, and construction accounting since 2008. Since 2020, he has also been spokesperson for the DACH construction management professorships.

Dr. Martin Thormann has an international career in mechanical and plant engineering and a proven track record in driving growth and implementing major transformations. He joined thyssenkrupp AG in 2012 and earned his doctorate in mechanical engineering at TU Dortmund University in collaboration with the Fraunhofer Institute. After completing his doctorate, he moved to the strategy department of thyssenkrupp Elevator (now known as TK Elevator) in 2015 and took over as head of the strategy team for the Europe Africa business unit in 2018. In 2020, he was appointed CEO Nordics, based in Stockholm. Since the end of 2022, he has been CEO Greater Europe, based in Vienna, where he is responsible for TK Elevator's operational business in over twelve countries and the distributor business in the CIS states.

“With the appointment of Prof. Dr. Heck and Dr. Thormann, we are gaining two extremely competent individuals with many years of industry experience for our Executive Board team,” explains Prof. Dr. Bastian Fuchs, Chairman of the Supervisory Board of BAUER AG. “Both bring in-depth expertise in their respective fields and will help to further expand our operational strength in specialist foundation and mechanical engineering. I am very much looking forward to working with them.”

As part of the new appointments, Klaus Pöllath will leave the Executive Board on August 15, when Prof. Dr. Heck takes up his position, and return to the Supervisory Board of BAUER AG. Alongside Lena Effinger, who was appointed Executive Board Member for Commercial Affairs on June 1, the Executive Board of BAUER AG will then consist of three members.