The supervisory board expressed its fullest confidence in him, combined with thanks and great appreciation for his work so far.

Chairman of the supervisory board Thomas Bach said: “The Weinig Group has developed magnificently with Wolfgang Pöschl at the helm. We want to continue the success story of our company together with him.” He described the extension of the contract as a valuable piece of continuity for the company.

Wolfgang Pöschl has been CEO of Weinig since 2010. Under his leadership, the group achieved record sales in 2016. By harmonising internal processes, he has recently made a very valuable contribution to cost reduction and efficiency.

The great task for the future is digitisation, which the company has already energetically driven forward.