The Supervisory Board of GEA Group Aktiengesellschaft has appointed Stefan Klebert (53) to the company’s Executive Board with effect from November 15, 2018. On February 18, 2019, he will succeed the long-serving CEO, Jürg Oleas (60), who is going to leave the company after completion of the fiscal year and after handing over the reins in February 2019. Previously, Stefan Klebert worked for the industrial group Schuler AG, where he was in charge of the company’s growth strategy in his capacity as CEO over the past eight years.He left the company upon expiry of his service contract in April 2018.

Dr. Helmut Perlet also thanked the outgoing CEO: “In the course of the 17 years he has been serving GEA, 14 of them as CEO, he has left his mark on the company. Under his leadership, GEA has transformed into a leading global company in the fields of food, beverage and process technology. On behalf of the Supervisory Board, I would like to thank Jürg Oleas for his important contribution to the development of the company.
“GEA is one of the world’s largest and leading suppliers for the food processing industry and a wide range of further sectors, and to me, it is a very exciting challenge to advance the strategic further development of the company together with its employees,“ says Stefan Klebert. “I am convinced that we will succeed in harnessing the outstanding market and technology position of the company for generating further profitable growth. I will use my early start for quickly and thoroughly familiarizing myself with the company, its business and the various stakeholders.”