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OECHSLER AG Appoints Karl Ostler as CEO

The Supervisory Board of OECHSLER AG (Ansbach/DE) has extended the contract with the Spokesman of the Executive Board, Karl Ostler (50), and at the same time appointed him Chairman of the Executive Board (CEO) with effect from January 1, 2025. Karl Ostler was initially appointed as Spokesman of the Management Board on January 1 of this year in addition to his role as Chief Financial Officer (CFO). In addition to Karl Ostler (CEO, CFO), the Management Board of OECHSLER AG will continue to consist of Raik Lüder as Chief Products and Markets Officer (CPMO) and Alexander Wortberg as Chief Operating Officer (COO).

The group-wide BE:FOCUSED transformation program is closely linked to Karl Ostler and was largely initiated by the new CEO and presented internally and to the public in February of this year. With BE:FOCUSED, OECHSLER is strategically repositioning itself. The focus is on a new corporate structure and a large number of new processes. Among other things, three business units have been established and global production has been reorganized and placed under central management at the company’s headquarters in Ansbach. The comprehensive BE:FOCUSED package of measures is already showing results in its first year. For example, all three business units won new projects from well-known manufacturers in the automotive supply, healthcare and industrial sectors. In addition, work processes have been made more efficient and the entire organization has been streamlined. To the regret of the entire management team, this was accompanied by a reduction of approximately 260 full-time positions.

https://www.oechsler.com


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