Wilo SE Expands Executive Board
The Wilo SE Supervisory Board has appointed Gilbert Faul as a member of the company’s Executive Board with effect from 1 October 2011.
Gilbert Faul (Image: Wilo)
The 44 year old with a degree in engineering is French and has been working very successfully for the Wilo Group since 2001. His dedicated work in Asia contributed significantly to Wilo’s extraordinary growth in the emerging markets in the region.
From his Beijing base, Gilbert Faul will continue to be responsible for Wilo’s business activities in Asia and, in addition, for developing the growth markets in Russia, the Ukraine, Turkey, the Gulf region and Africa.
“The expansion of the Executive Board and Gilbert Faul’s appointment are a logical consequence of the Group’s exceptional growth and rapid development, especially in the emerging markets”, explains Dr Heinz-Gerd Stein, Chairman of the Supervisory Board.
The Executive Board will comprise four members from 1 October 2011. Oliver Hermes will be CEO and Chairman of the Executive Board. The other members of the Executive Board will be Dr Holger Krasmann, Eric Lachambre and Gilbert Faul.
“We are delighted that with Gilbert Faul’s appointment the new position on the Executive Board has been filled internally and we wish him every success in his new role. With the expansion of the Executive Board of WILO SE, the Supervisory Board is supporting the Executive Board’s increased focus on market and customer requirements”, states Oliver Hermes.
The Wilo Group is one of the world’s leading manufacturers of pumps and pump systems for heating, ventilation and air conditioning as well as for water supply, sewage disposal and wastewater treatment. The technology company is represented by over 60 subsidiaries world-wide and in the past financial year sales exceeded one billion euro for the first time in its history.
Source: WILO SE