Engel Group appoints new chief financial officer

The Engel Group, headquartered in Schwertberg, Austria, has appointed Markus Richter as chief financial officer (CFO) with effect from May 1st, 2017. He succeeds Klaus Siegmund, who left Engel in March.

Markus Richter has more than 25 years of experience in commercial management roles in globally successful companies in the industrial, energy, transportation and personnel services sectors. As chief financial officer at Engel, Markus Richter, who holds a master degree in commerce, will be responsible for the fields of finance, human resources and IT and will head the operational business of the group together with Dr. Stefan Engleder (CEO), Dr. Christoph Steger (CSO) and Joachim Metzmacher (CPO).

The previous CFO Klaus Siegmund left the company in March in agreement with the supervisory board of the Engel Group. He was a member of the Board of Directors for two years, during which extensive investments were made in the expansion of sites and the workforce increased considerably worldwide.

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