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Chiron loses management team: What's behind the dismissal!
Bernd Hilgarth is leaving the Chiron Group in Tuttlingen after more than ten years. Company changes and short-time work characterize the situation.
Chiron loses management team: What's behind the dismissal!
A monumental change is imminent: The Tuttlingen mechanical engineering company Chiron has separated from its sales director Bernd Hilgarth. After more than ten years with the company, the Chief Sales Officer (CSO) resigned from the Group Executive Committee, the company confirmed today via press release. Hilgarth, who was responsible for significant growth and the successful diversification of the product portfolio, has resigned from his position “in agreement with the Board of Directors”. However, no specific reasons for his departure were given, fueling speculation in the industry. It is a further setback for the Chiron Group, which has recently been hit by the departure of other senior leaders, including former CEO Carsten Liske in March and CFO Vanessa Hellwing in 2022, according to the Swabian newspaper reported.
Leadership changes in the rising storm
The company, which belongs to the Hoberg & Driesch Group and employs 1,900 people worldwide, sees itself in a tense situation, as short-time work was announced for part of the workforce in September. While Chiron planned to achieve sales of 500 million euros this year, the latest announcement questioned how these goals are achievable following recent developments. Despite the difficulties, Chiron remains focused on expansion and recently made two significant acquisitions in the engineering and technology sectors.
As the next measure to stabilize corporate management, Markus Unterstein was appointed Chief Financial Officer (CFO). He will take up his new duties on May 1, 2023, thereby completing the management team. Unterstein brings with him almost two decades of experience in the financial world and will support Chiron in achieving its strategic corporate goals. “I am thrilled to be joining the Chiron family,” said Unterstein. “The technically sophisticated products and the global orientation of the company were particularly decisive factors in my decision.” This means that the future of the Chiron Group is once again in focus the company itself reported.