KAP AG Appoints Ralph Rumberg as Chief Transformation Officer to Accelerate Corporate Restructuring
TL;DR
KAP AG appoints Ralph Rumberg as CTO to strengthen competitiveness and accelerate transformation in dynamic markets.
Ralph Rumberg joins KAP AG's Management Board for twelve months to improve operating performance and develop a sustainable profitability concept.
KAP AG's transformation efforts aim to create sustained value while preserving the strengths of its 1,600 employees across ten countries.
Ralph Rumberg brings decades of industrial expertise from BMW, Mercedes, and Bosch to lead KAP AG's strategic transformation.
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The Supervisory Board of KAP AG has appointed Ralph Rumberg to the Company's Management Board as Chief Transformation Officer for a term of twelve months. The expansion of the Management Board is intended to strengthen the Group's competitiveness in a dynamically changing market environment and increase the speed of implementation of the transformation.
In his role as CTO, Ralph Rumberg's main task will be to accelerate the improvement of the operating performance of the companies and to develop a future concept for KAP AG that delivers sustained profitability. Together with Marten Julius, Thorsten Diel and Stefan Deller, the Management Board of KAP AG now consists of four members. The temporary appointments of Thorsten Diel and Stefan Deller to the Management Board will end as agreed on 9 October 2025.
Christian Schmitz, Chairman of KAP AG's Supervisory Board stated that with Ralph Rumberg they are gaining a recognised leader with a proven track record in developing and implementing sustainable transformation and strategy programmes for industrial holding companies. They have every confidence that his work will provide new momentum for the Company, making him an excellent addition to the Management Board.
Marten Julius, Spokesman of the Management Board of KAP AG noted that they have already made initial progress in recent months and pushed ahead with portfolio optimization. Processes have been streamlined, structures adapted and synergies captured. Ralph Rumberg is a recognised expert for transformations in the industrial sector, and with him, they are gaining additional expertise to further accelerate the transformation process.
Ralph Rumberg has many years of experience in the industrial sector. A graduate in mechanical engineering, Rumberg's previous appointments include BMW Motorsport, AMG Mercedes-Benz, Bosch Rexroth and KOKI Technik. Most recently, Rumberg served as CEO of GESCO SE for six years, during which time he restructured the company's investment portfolio, reduced its dependence on the automotive sector and developed and implemented a comprehensive strategy programme. View the original release on www.newmediawire.com.
Ralph Rumberg expressed his looking forward to the new role and thanked the Supervisory Board for the trust they have placed in him. Drawing on his experience from a wide range of transformation processes, he will work with the team to optimally develop KAP AG.
Curated from NewMediaWire
