|

Endress+Hauser Initiates Generational Change

Dr Klaus Endress to leave the Supervisory Board by the end of the year; Matthias Altendorf named as successor; Dr Peter Selders will become CEO

February 21, 2023

Endress+Hauser initiates generational change
Dr Klaus Endress to leave the Supervisory Board by the end of the year; Matthias Altendorf named as successor; Dr Peter Selders will become CEO

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.

Endress+Hauser initiates generational change
Dr Klaus Endress will end his active involvement in the company after nearly 45 years

Klaus Endress (born 1948) has put his stamp on the development of Endress+Hauser for nearly 45 years. It was in 1979 that he joined the company his father founded. He then took over the management of the Group in 1995. 

In 2014, he handed over day-to-day operation of the company to Matthias Altendorf and became president of the Supervisory Board. Much of the company bears his signature to this day. He also focused in recent years on ensuring a smooth generational change within the shareholder family.

New management for the group of companies

Matthias Altendorf is slated to take over as president of the Supervisory Board on 1 January 2024. He will be proposed for election at the Annual General Meeting on 3 April 2023. 

According to Klaus Endress, the shareholders believe he is right person for this position: “He has known our company for 35 years and has led the Group with prudence and success for nearly a decade. Mr Altendorf also embodies the Endress+Hauser culture in an exemplary manner and stands for the values that distinguish our company.”

Endress+Hauser initiates generational change
Dr Peter Selders, managing director of Endress+Hauser Level+Pressure, will be CEO of the Endress+Hauser Group as of 2024

Dr Peter Selders will take over the reins as CEO. The 53-year-old executive, who holds a PhD in physics, joined Endress+Hauser in 2004 and has led the center of competence for level and pressure measurement technology based in Maulburg, Germany, since 2019. “As head of Endress+Hauser Level+Pressure, he has demonstrated that he can lead and inspire people, that he lives and breathes our culture and that he is capable of successfully growing a large organization,” says Klaus Endress.

Family remains closely linked to the company

Considerable thought and extensive discussions among the shareholders, the family and the Supervisory Board went into making these decisions. “It goes without saying that the family will continue to be closely connected with the company,” emphasizes Klaus Endress. 

Endress+Hauser initiates generational change
Steven Endress, managing director of Endress+Hauser UK, joins the Group’s Supervisory Board next year

As before, it will be represented by two members on the Supervisory Board. In addition to Sandra Genge, Steven Endress will join the board on 1 January 2024. The 44-year-old grandson of the company’s founder has worked for Endress+Hauser since 2012 and served as managing director in the UK since 2016.

Even though Klaus Endress will no longer have an active role at Endress+Hauser, he will remain chairman of the Family Council, which decides on all important issues in the relationship between the family and the company. 

For years, a family charter has governed the shareholders’ interaction and their relationship with the company. Established institutions and regular meetings strengthen solidarity within the family and provide a path for members of the younger generations to become involved in the company.

Further succession arrangements in place

Peter Selders will be succeeded at the top of the center of competence for level and pressure measurement technology by 49-year-old Dr Dirk Mörmann, currently director of technology and member of the board of directors. The fortunes of Endress+Hauser UK will be in the hands of Iain Cropper (51) as of 1 May 2023. As a member of the board of directors, to date he has been responsible for the sales center’s operations.

Source

Related Story

Dynamic Start to the New Year for Endress+Hauser

Endress+Hauser is heading into its special anniversary year with momentum. In 2022 the measurement and automation technology specialist increased consolidated sales by almost 17 percent to more than 3.3 billion euros. Nearly 16,000 people are employed worldwide by the Group. The family-owned Swiss company also has a confident outlook for 2023, a year in which it is celebrating its 70th birthday.

Related Articles


Latest Articles

  • Small Town Infrastructure is Being Retrofitted, Federal Funding Helps Drive This Change

    September 9, 2025 By Krystie Johnston Municipalities across Canada are tackling climate change. From big cities to small towns, every action counts. Densely populated metropolitan areas are usually the first places that experience infrastructure upgrades to public buildings and structures because they need to support the increased demands of a growing population. But small towns… Read More…

  • Bossard is Scaling Front Line Flexibility

    September , 2025 Experience Smart Factory Solutions that Adapt to Your Operators’ Needs at FABTECH 2025 By Krystie Johnston Bossard is bringing the future of assembly and inventory management to FABTECH 2025 from September 8 – 11. Visit them at Booth #B13000, at the North Hall in the Automation Pavilion at McCormick Place in Chicago… Read More…


Featured Article

Revolutionizing Material Movement with Autonomous Mobile Robots

Revolutionizing Material Movement with Autonomous Mobile Robots

In today’s fast-paced manufacturing and logistics industries, the need for efficient and flexible material movement solutions has never been greater. Traditional methods like conveyor systems, forklifts, and manual pushcarts have served us well, but they come with limitations.

That’s why Omron is thrilled to announce the launch of their game-changing MD Series of Autonomous Mobile Robots (AMRs). Read more


Products

  • WAGO Expands 750 Series with New Functional Safety I/O Modules

    September 12, 2025 WAGO Expands 750 Series with New Functional Safety I/O Modules WAGO is introducing three functional safety I/O modules to be used with WAGO’s PFC controllers. These new 750 Series modules have four safe inputs along with either two safe outputs at 10 A/24 VDC, or four safe outputs at 2 A/24 VDC… Read More…

  • First Controllers in Trio’s Motion-PLC Range Simplify the Design of Stand-Alone Machines

    September 10, 2025 Trio Motion Technology has launched the first controllers from its new Motion-PLC range, designed to provide advanced motion control performance with the functionality and simplicity of a PLC. The new class of controller combines high-performance motion control over EtherCAT plus logic and I/O expansion, enabling faster, simpler machine development. The first models in… Read More…