Corporate persbericht
GEA extends contract of CEO Stefan Klebert until 2026
10 Feb 2021
At its meeting yesterday, the Supervisory Board of GEA Group Aktiengesellschaft extended the contract of CEO Stefan Klebert (55) by five years until December 31, 2026.
"Over the last two years, Stefan Klebert has led GEA back to a more successful path through targeted measures, highlighting the Group's great potential for sustainable and profitable growth," said Dr. Helmut Perlet, Chairman of the Supervisory Board of GEA Group AG. "The Supervisory Board therefore expresses its fullest confidence in him and is pleased to be able to continue our extremely successful cooperation."
"I would like to thank the Supervisory Board for the trust they have placed in me," commented Stefan Klebert, CEO of GEA Group AG. "GEA is a fantastic company with a compelling outlook for the future. I look forward to continuing to shape the company's successful transformation."
Shortly after Stefan Klebert took over as CEO in 2019, GEA initiated and consistently implemented several projects to improve efficiency. These initiatives, along with the short-term measures to manage the effects of the COVID-19 pandemic, have played a decisive role in ensuring that for the fiscal year 2020, GEA will again achieve significant gains in EBITDA before restructuring measures and the corresponding margin. In particular, the new organizational structure introduced in January 2020 has proven its worth by placing more revenue responsibility and decision-making power in the hands of local management.
Stefan Klebert became CEO in February 2019 and has been a member of the Executive Board since November 2018. On the Executive Board, he is responsible for all five divisions as well as the regions & country organizations. In this role, he also performs the function of Labor Director.
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About GEA
GEA is one of the world’s largest suppliers of systems and components to the food, beverage and pharmaceutical industries.
The international technology group, founded in 1881, focuses on machinery and plants, as well as advanced process technology, components and comprehensive services. For instance, every second pharma separator for essential healthcare products such as vaccines or novel biopharmaceuticals is produced by GEA. In food, every fourth package of pasta or every third chicken nugget are processed with GEA technology.
With more than 18,000 employees, the group generated sales of about EUR 5.5 billion in more than 150 countries in the 2025 fiscal year. GEA plants, processes, components and services enhance the efficiency and sustainability of customers’ production. They contribute significantly to the reduction of CO2 emissions, plastic usage and food waste. In doing so, GEA makes a key contribution toward a sustainable future, in line with the company’s purpose: ”Engineering for a better world.”
GEA is listed on the German MDAX, the European STOXX® Europe 600 Index and is also a constituent of the leading sustainability indices DAX 50 ESG, MSCI Global Sustainability and Dow Jones Best-in-Class World.
