on PIERER Mobility AG (isin : AT0000KTMI02)
PIERER Mobility AG Extends CEO Contract Amid Strategic Shifts
PIERER Mobility AG, soon to be renamed Bajaj Mobility AG, has confirmed the extension of CEO Gottfried Neumeister's contract until the end of 2028. This decision underscores the company's commitment to maintaining strategic independence following recent changes in ownership.
Neumeister, who became CEO in January 2025, will focus on driving growth and simplifying processes in the motorcycle market. He has expressed his commitment to restructuring the KTM Group, indicating a step back from external roles to concentrate fully on this mission.
Srinivasan Ravikumar, Chairman of the Supervisory Board, praised Neumeister for steering the company through challenging times and achieving substantial results. The leadership continuity aims to stabilize KTM's future trajectory under Neumeister's guidance.
R. H.
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