The Supervisory Board of PWO AG has unanimously agreed to reappoint Carlo Lazzarini as a member of the Executive Board for another five years, effective January 1, 2027, and confirmed him in his role as Chairman of the Executive Board. The decision was announced on May 18, 2026, from the company's headquarters in Oberkirch, Germany.
Karl M. Schmidhuber, Chairman of the Supervisory Board of PWO AG, praised Lazzarini's leadership, stating that he has "consistently developed the PWO Group in recent years, expanded its international presence and kept the company on track despite a market environment that has recently become very challenging." Schmidhuber added that the Supervisory Board looks forward to continuing to work with Lazzarini and sees "continuity in leadership as an important foundation for the company’s continued positive development."
In response, Carlo Lazzarini expressed gratitude to the Supervisory Board for their trust and said he looks forward to continuing his role, working with the global team to "help shape and drive the development of the PWO Group in the years to come."
The reappointment underscores the company's commitment to stable leadership as it navigates a volatile automotive industry. PWO AG is a global partner to the mobility industry, specializing in lightweight metal solutions. The company produces over 100 million components per year, employs approximately 3,300 people across 11 global locations, and boasts over 100 years of experience. Its technology focuses on climate-friendly lightweight construction, high-precision forming, and related joining technologies, which are integral to electrification, safety, and comfort megatrends in mobility.
Lazzarini's extended tenure is expected to provide strategic continuity as PWO continues to expand its international footprint and adapt to market shifts. The company's "powertrain agnostic and sustainable business model" positions it to serve the evolving needs of the automotive industry, including the transition to electric vehicles. With a focus on cost-effectiveness and sustainability, PWO's components are found in almost every passenger car worldwide, emphasizing its global reach and importance.
For more information about PWO AG and its leadership, visit their website at pwo-group.com. The original press release is available on NewMediaWire.
