Augsburg, September 1, 2025 – RENK Group AG, a leading provider of propulsion solutions for the military and civilian sectors, is pleased to announce that Dr. Georg von Witzleben is taking over as CEO of the Marine & Industry segment on September 1, 2025.
Von Witzleben was previously at THALES Deutschland, where he was most recently responsible as a member of the Management Board for the Secure Communication & Information Systems business unit.
“Dr. Georg von Witzleben brings a clear strategic agenda with him to make the Marine & Industry segment fit for the future. His strong leadership skills will be instrumental in helping us develop next-generation technologies to strengthen our market position as a leading provider of mission-critical propulsion systems,” said Dr. Alexander Sagel, CEO of RENK Group AG.
He began his industrial career in 2003 at AIRBUS Defence & Space. After joining THALES in 2014, he held various management positions. Von Witzleben is a political scientist, holds a doctorate in history, and is a lieutenant colonel in the reserve.
About the RENK Group AG
Headquartered in Augsburg, Germany, RENK Group AG is a globally leading manufacturer of mission-critical propulsion solutions across diverse military and civil end markets. Our product portfolio includes gear units, transmissions, power-packs, hybrid propulsion systems, suspension systems Suspension Systems Suspension systems absorb shocks and ensure vehicle stability. , slide bearings Slide Bearings Slide bearings enable low-friction movement between fixed parts. , couplings Couplings Couplings connect two shafts to transmit torque. & clutches and test systems Test Systems Test systems assess technical components for function and durability. . With this broad product portfolio RENK Group AG serves, in particular, customers in industries for military vehicles, naval, civil marine, and industrial applications focused on energy. In the fiscal year 2024, RENK Group AG generated revenue of EUR 1.14 billion. RENK Group AG has been listed on the Frankfurt Stock Exchange since February 7, 2024, and has been a member of the MDAX since March 24, 2025.
Disclaimer
This Press Release contains forward-looking statements that are based on plans, expectations, estimates and projections of the management of RENK Group as at the date of this Press Release. These plans, expectations, estimates and projections depend on a variety of assumptions and are subject to unforeseeable events, uncertainties, known and unknown risks as well as other factors that may cause actual results or the actual financial situation, development or performance to differ from those expressed or implied in the forward-looking statements. RENK Group does not assume any obligation to update the forward-looking statements or make adjustments to them to reflect events or developments occurring after the date of this Press Release unless obliged by statutory law.
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