Four new Members

Expansion of the Management of Phoenix Contact

23. Januar 2020, 11:23 Uhr   |  Selina Doulah

Expansion of the Management of Phoenix Contact
© Pixabay

As part of the succession plan for Managing Directors Prof. Dr. Gunther Olesch (CHRO/Human Resources) and Roland Bent (CTO/Technical Services), who will be retiring over the next twelve months due to age, a restructuring of the management and the assigned departments has now been announced.

With effect as of August 1, four new members will join the Executive Board: Three of them are the presidents of the three business areas: Dirk Görlitzer, Torsten Janwlecke and Ulrich Leidecker. As COO (Chief Operating Officer), they are responsible for central business areas and will continue to be responsible for their respective business units. As the fourth new member, Dr. Frank Possel-Dölken is appointed to the Management Board as Chief Digital Officer (CDO). Possel-Dölken is currently head of the Corporate Technology & Value Chain division. His future responsibilities will also include the IT division as well as all topics related to digital transformation. Thus, digitization is moving into the central focus of technology and process development in the company.

Talent building and recruitment

All newly appointed members of the management board have already been working successfully in the management of Phoenix Contact for many years. "The expansion provides our group of companies with a framework for the holistic development of management and structure," says CEO Stührenberg. "This goal was the mandate of our advisory board to prepare the Phoenix Contact Group for the demands of the future. The new appointment of the CDO in particular is of decisive importance in the digital transformation. Innovative ability as well as innovation strategies and the IT capability of a company are success determining factors for the new decade". Frank Stührenberg as CEO (Chairman) and Axel Wachholz as CFO (Finances), together with the four newly appointed members, will form the management board from spring 2021.

In July 2020, Professor Dr. Gunther Olesch will retire from the management board when he reaches the age of 65. He will continue to represent Phoenix Contact in honorary and association functions until spring 2021. The HR department will be assigned to the CEO from August. "Maintaining the corporate culture as well as developing and recruiting talent has high priority," says CEO Stührenberg. Roland Bent will be a member of the management board until his scheduled retirement at the age of 63 in February 2021. After that, he will continue to work as Chief Representative of Phoenix Contact for international standardization and also perform his honorary functions in the field of national and international standardization.

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