After successfully restructuring the Group, Rudi Ludwig (62), CEO of SAF-Holland Group GmbH, is stepping down from his operating activities as Chairman of the Management Board at his own request as of June 30, 2011. Detlef Borghardt (48) will follow as his successor as CEO effective on July 1, 2011.
Detlef Borghardt has served as Deputy CEO of the company since the beginning of the year and has been responsible for global operations of the Trailer Systems business unit since July of 2007; he is also a member of the Management Board of SAF-Holland.
After completing his studies in vehicle design engineering in Hamburg, Detlef Borghardt began his career at Alusuisse-Lonza, where he held various positions in product development and sales with an increasing amount of responsibility until he ultimately served as a member of the management team.
In 2000 he came to SAF, where he began leading the global sales, marketing and customer service department before joining the Management Board in 2007.
“By selecting Detlef Borghardt, we have filled the CEO position from within. He has played a significant role in the development of the company over the past years and he will continue the successful path as a proven expert in the industry”, said Bernhard Schneider, Chairman of the Board of Directors of SAF-Holland.
Rudi Ludwig has chaired the Management Board of the former SAF since June 2003 and of the SAF-Holland Group since July 2007. Over the past eight years, he has established a solid basis and a strategic vision for the company. “We wish to thank Rudi Ludwig on behalf of the entire Board of Directors and all employees for his extraordinarily successful contribution as CEO of our company.
“Today, SAF-Holland is in a healthy position financially as well as operationally. With his strategic vision, Rudi Ludwig shaped SAF-Holland into a leading supplier for the truck and trailer industry. The company is well positioned in its international markets enabling us to continue our growth strategy with confidence and optimism”, said to Mr Schneider.
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