Dr. Peter Laier to leave Knorr-Bremse at the end of December 2021

„The Supervisory Board regrets Dr. Laier`s decision to leave the company prematurely. With his departure we are losing a proven expert of the CVS industry and with strong implementation skills“, said Prof. Dr. Klaus Mangold, Chairman of the Supervisory Board of Knorr-Bremse AG. „We would like to thank Dr. Laier for his great commitment. He has made an important contribution to growth and technologic and strategic development of the CVS division. In addition to siginificant global sales growth of the division his achievements are the innovative alignment of the product portfolio as well as the development of the global steering business and, last but not least, the proactive and economically successful management of the CVS division through the Covid-19 pandemic. We wish him every success as he takes his career forward.”

Dr. Peter Laier was appointed to the Executive Board of Knorr-Bremse AG on January 1, 2016 with the responsibility for the global Commercial Vehicle Systems division (CVS). As member of the Executive Board, Dr. Laier also successfully supported the IPO of Knorr-Bremse AG in October 2018. The Supervisory Board of Knorr-Bremse AG has initiated the search for a successor.