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Markus Richter joins the Engel Group as administrative director on May 1.
Markus Richter joins the Engel Group as administrative director on May 1.

The Engel Group has appointed Markus Richter as Chief Financial Officer (CFO), effective May 1, succeeding Klaus Siegmund who left the company in March.

As CFO at Engel, Richter will be responsible for the fields of finance, human resources and IT and will head the operational business of the group together with Dr. Stefan Engleder (CEO), Dr. Christoph Steger (CSO) and Joachim Metzmacher (CPO).

"We are pleased to have found in Mr. Richter an acknowledged expert in international finance who also has experience in human resources and global IT projects," said Dr. Birgitte Engleder, Chairwoman of the Supervisory Board of the Engel Group.

Siegmund, the previous Engel CFO, left the company in March in agreement with the supervisory board of the Group. "Mr. Siegmund helped drive the expansion in our business with great dedication. We would like to thank him warmly for this,” said Dr. Engleder. "We wish Mr. Siegmund all the best for his professional and personal future."

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