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KAP AG Appoints Ralph Rumberg as Chief Transformation Officer to Accelerate Corporate Restructuring

By Burstable Editorial Team

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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KAP AG Appoints Ralph Rumberg as Chief Transformation Officer to Accelerate Corporate Restructuring

The Supervisory Board of KAP AG has appointed Ralph Rumberg to the Company's Management Board as Chief Transformation Officer for a twelve-month term. This strategic move aims to strengthen the Group's competitiveness in a dynamically changing market environment and increase the speed of implementation of the transformation process.

Rumberg's primary responsibilities will include accelerating the improvement of operating performance across KAP AG's portfolio companies and developing a future concept focused on sustained profitability. He joins existing Management Board members Marten Julius, Thorsten Diel, and Stefan Deller, bringing the total board membership to four. The temporary appointments of Diel and Deller are set to conclude as planned on October 9, 2025.

Christian Schmitz, Chairman of KAP AG's Supervisory Board, emphasized Rumberg's qualifications, stating that the company is gaining a recognized leader with a proven track record in developing and implementing sustainable transformation and strategy programs for industrial holding companies. Schmitz expressed confidence that Rumberg's work will provide new momentum for the company, making him an excellent addition to the Management Board.

Marten Julius, Spokesman of the Management Board, noted that KAP AG has already made initial progress in recent months, pushing forward with portfolio optimization efforts. Processes have been streamlined, structures adapted, and synergies captured. Julius described Rumberg as a recognized expert for transformations in the industrial sector whose additional expertise will help further accelerate the transformation process.

Rumberg brings extensive experience from the industrial sector, including previous appointments at BMW Motorsport, AMG Mercedes-Benz, Bosch Rexroth, and KOKI Technik. Most recently, he served as CEO of GESCO SE for six years, where he successfully restructured the company's investment portfolio, reduced dependence on the automotive sector, and developed and implemented a comprehensive strategy program.

Rumberg expressed enthusiasm for his new role, thanking the Supervisory Board for their trust and committing to work with the team to optimally develop KAP AG, drawing on his experience from various transformation processes. This appointment signals KAP AG's commitment to adapting to market dynamics and enhancing long-term value creation for stakeholders.

Curated from NewMediaWire

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Burstable Editorial Team

Burstable Editorial Team

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