Engel Holding GmbH, an Austrian maker of injection presses and robots, has announced a changing of the guard, as Peter Neumann takes over the top position and Georg Schwarz, son-in-law of company founder Ludwig Engel, retires from day-to-day involvement.
The Schwarz family continues to own Schwertberg-based Engel.
Neumann's new post as chairman of the managing board of Engel Holding became effective July 1. Neumann, 47, is the son-in-law of Georg Schwarz, 75.
Engel also announced that Gotthard Mayringer, 37, was named to the Engel Holding board. Mayringer formerly was finance director of Engel Austria GmbH.
Engel Holding coordinates the company's worldwide operations, including plants in Austria, Canada, the United States and South Korea.
Neumann had been president of Engel Austria. In January the machinery maker established Engel Austria, now run by a single board, to unify what had been separate organizations that covered sales, machinery and automation equipment for its Austrian operations, according to company spokesman Reinhard Bauer.
A former managing director of sales, Georg Tinschert, will rejoin Engel on Jan. 1 to replace Neumann as president of Engel Austria, Bauer said. Tinschert had worked for Engel for 15 years before he left in 2000 to join an Austrian firm that makes air compressors.
Tinschert also will become a member of Engel Holding's strategic management committee. Other committee members are Walter Jungwirth, who heads Engel's North American operations, and Robert Bodingbauer, managing director of Engel South Korea.