January 10, 2024
Dr. Peter Selders takes over as CEO, Matthias Altendorf new president of the Supervisory Board
Endress+Hauser has completed the announced change at the top of the Group: Dr. Peter Selders has taken over as CEO of the Swiss-based global specialist for measurement technology and automation solutions. The 54-year-old Selders holds a doctorate in physics, has been with the company since 2004 and was previously managing director of the competence centre for level and pressure measurement technology based in Maulburg, Germany. He is only the fourth CEO in the family-owned company’s 70-year history.
His predecessor, Matthias Altendorf (56), is moving to the Supervisory Board after 10 years at the helm. In 2014, he became the first non-family CEO, succeeding Dr Klaus Endress. He is now replacing the 75-year-old Endress as president of the Supervisory Board. In future, two members of the third generation will represent the interests of the shareholder family: In addition to Sandra Genge, Steven Endress, a grandson of the company founder, joined the board on Jan. 1, 2024.
Peter Selders has been succeeded at Endress+Hauser Level+Pressure by Dr Dirk Mörmann (50), who was previously head of technology and a member of the management board.
Endress+Hauser is a global leader in measurement instrumentation, services and solutions for industrial process engineering. Our products – sensors, instruments, systems and services for level, flow, pressure and temperature measurement as well as analytics and data acquisition – set standards in quality and technology. The company further supports its customers with automation engineering, logistics and IT services and solutions.
Founded in 1953 by Georg H Endress and Ludwig Hauser, the Endress+Hauser Group has been solely owned by the Endress family since 1975. Today, the Group is managed and coordinated by a holding company based in Reinach, Switzerland, employing over 15,800 personnel across the globe. In 2022, the Group generated net sales of C$5 billion. Endress+Hauser’s production centres in 12 countries meet customers’ needs and requirements quickly and effectively, while its dedicated sales centres and strong partner network guarantee competent worldwide support.
As previously announced, Dr Klaus Endress will give up his responsibilities as president of the Supervisory Board. He is to be succeeded by CEO Matthias Altendorf. The new CEO of the Group will be Dr Peter Selders, the present head of the center of competence for level and pressure measurement technology. Steven Endress, currently managing director of Endress+Hauser UK, will become the second member of the family to sit on the Supervisory Board.