|

Passing the Baton: Festo Names New Management Board Chairman

November 1, 2023

Passing the baton: Festo names new management board chairman
Thomas Böck is succeeding Oliver Jung as head of the Management Board of Festo, the family-owned global automation technology leader, effective Jan 1, 2024.

Festo has appointed Thomas Böck, 52, to succeed Oliver Jung as head of the Management Board of the family-owned global automation technology leader, effective Jan 1, 2024.

The Management Board is the senior executive team charged with overseeing the worldwide operations of the company and strategic development.

Böck was most recently CEO and previously Chief Technology Officer of family-owned CLAAS, a leading German-based global manufacturer of high-end agricultural machinery. As former Chairman of the Management Board at CLAAS Group, Böck brings with him a wealth of experience in implementing an international growth strategy in a high-tech environment. In addition, he was notably responsible for the company’s holistic digital transformation, from development to production and sales. “I am very much looking forward to contributing my experience to Festo. Together with the Festo team, we will keep the value-oriented family-owned company on course for success and promote its further development,” said Böck.

The departing Oliver Jung, 61, has been extremely successful at the helm of the family-owned company since November 2018. His track record includes the targeted expansion of Festo’s international footprint along the value chain, especially in North America, China and India. In this way, Mr. Jung greatly improved proximity to the customer as the basis of the future viability of Festo. The Supervisory Board and the Owners expressed regret at Mr. Jung’s decision to leave the company. Under his leadership, the financial independence of Festo was further strengthened and its resilience increased. He merits utmost respect for his accomplishments, along with deep gratitude and best wishes for his new chapter in life.

“I am very proud of what we have achieved to date at Festo together with our employees. I wish Mr. Böck all the best for the ongoing development of the company. Personally, I will continue to feel closely connected to the Festo family in the future,” said Jung.

Oliver Jung, Current Chairman of the Management Board

Source

Related Story

The Festo Group

The Festo Group, among the world’s leading suppliers of automation technology and technical education, is deploying its products and services to meet the challenge of smart production for the future in the course of digitalisation. The company also relies on artificial intelligence and machine learning.

Related Articles


Latest Articles

  • Exploring the Impact of M8 Cables in Various Applications

    July 17, 2024 M8 cables are a type of circular electrical connectors used to link actuators and sensors. They have an 8-millimeter diameter and are widely utilized in a variety of industrial and automation applications because of their small size, robustness, and consistent performance even under harsh conditions. Similar to the M12 cables, their robustness enables them… Read More…

  • 7 Top Tips for Cooling IT Equipment

    July 17, 2024 As the world becomes increasingly digitalized, with a growing reliance on high-performing and reliable IT equipment, effective hardware management is essential to facilitate rapid access to large amounts of data and its analytics. The upkeep of IT infrastructure, including maintaining appropriate temperatures, ensures the reliability and security of data and minimizes the… 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

  • Memosens 2.0: New Disinfection Portfolio from Endress+Hauser

    July 23, 2024 Introducing a portfolio of optimized digital sensors with Memosens 2.0 technology that deliver continuous, reliable water disinfection measurement. Endress+Hauser is launching a portfolio of optimized digital sensors with Memosens 2.0 technology that deliver continuous, reliable water disinfection measurement. This new generation of disinfection sensors represents an upgrade opportunity for a wide range… Read More…

  • Vention to Democratize Industrial Automation Using NVIDIA AI Technologies

    July 18, 2024 Vention, the company behind the cloud-based Manufacturing Automation Platform (MAP), has announced a collaboration with NVIDIA to bring industrial automation technology to small and medium manufacturers by using NVIDIA AI and accelerated computing to advance cloud robotics. This announcement marks a year of collaborative efforts to leverage artificial intelligence to simplify the realization of… Read More…