Till Reuter takes over management at dormakaba
Rümlang ZH - Till Reuter wird per Jahresbeginn 2024 die Leitung von dormakaba übernehmen. Der vormalige CEO der deutschen Kuka AG tritt in die Fussstapfen von Jim-Heng Lee. Der scheidende CEO kehrt nach zehn Jahren bei dormakaba nach Asien zurück.
Dormakaba announces a change at the top of the company: The Board of Directors of the locking technology company from Glattal has appointed Till Reuter as the new CEO with effect from the beginning of 2024, dormakaba informs in a press release. The former CEO of German company Kuka AG will take over from Jim-Heng Lee. After ten years at dormakaba, he has “expressed his wish to return to Asia after we have found a suitable successor,” Svein Richard Brandtzæg, Chairman of the Board of Directors of dormakaba, is quoted in the press release.
During his tenure as CEO of Kuka AG, Reuter transformed the company from an automotive supplier into a high-tech robotics and digitalization provider, writes dormakaba. At the same time, Kuka AG’s turnover more than quadrupled. In addition to his work for Kuka AG, the German citizen born in 1968 was a member of the Executive Board of the Federation of German Industries (BDI) from 2017 to 2018.
When he takes over as CEO on January 1, 2024, Till Reuter will step down from his seat on the Board of Directors of the locking technology company, which he took over in October. As the new CEO, he wants to “focus all his energy on the further development of dormakaba and the implementation of the Shape4Growth strategy and the transformation program,” Reuter is quoted as saying in the press release. “This will also intensify our efforts to free up resources for growth-oriented investments and innovations.”