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, Volume 80, Issue 10, pp 8–9 | Cite as

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Rheinmetall | CEO Horst Binnig Retires

Horst Binnig is retiring from Rheinmetall after 20 years for personal reasons. The 60-year-old Binnig has asked the company's supervisory board to release him from his duties as Chairman of the Executive Board of Rheinmetall Automotive AG and as a member of the executive board of the group holding company Rheinmetall AG. At the recent press conference held by the company's automotive division in the city of Hartha (Germany), Binnig said that he was not planning to take a seat on the supervisory board. After a succession plan has been put in place, he intends to relinquish his responsibilities by the end of 2019. Binnig joined the automotive division of the Rheinmetall Group in 1999 where he was initially in charge of corporate development and then headed the subsidiary KS Aluminium-Technologie. He has been a member of the executive board of Rheinmetall Automotive AG since 2012 and took over as chairman in 2014. In the same year he was also...

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© Springer Fachmedien Wiesbaden GmbH, ein Teil von Springer Nature 2019

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