Hartung Replaces Denner at the Technology Group Bosch

Gerlingen Stefan  Hartung previously headed the Group’s auto division. Contrary to the custom at Bosch, the previous CEO Denner will not move up to the top of the supervisory board.

Gerlingen Stefan Hartung takes over the helm at the technology group Bosch. The 55-year-old head of the important auto division will succeed Volkmar Denner at the top of the group, who, as announced in the summer, will resign shortly after his 65th birthday at the end of the year. Contrary to the previous custom, Denner is not moving to the top of the supervisory board. Its boss Franz Fehrenbach will also stop at the end of 2021. This position will then be filled by the previous CFO Stefan Asenkerschbaumer.

Hartung moves to the top of the group at a time when the auto industry is experiencing enormous changes. The importance of software is becoming more and more important. Bosch has consistently aligned itself to this in recent years. Born in Dortmund, Hartung studied mechanical engineering in Aachen, worked at Fraunhofer and McKinsey and has been on the Bosch management board since 2013. Since 2019, he has headed the auto division, which contributes more than half to consolidated sales of 72 billion.

In addition to components for the automotive industry, Bosch also manufactures washing machines, refrigerators, power tools, and industrial and building technology. The owner is the non-profit Robert Bosch Foundation.

Franz Fehrenbach was responsible for more than 30 years at Bosch.

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Summary

Gerlingen Stefan  Hartung previously headed the Group's auto division. Contrary to the custom at Bosch, the previous CEO Denner will not move up to the top of the supervisory board.

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