Wacker Neuson names new CFO

Christoph Burkhard, CFO of Wacker Neuson SE

Burkhard will take over the role from Kurt Helletzgruber, who will soon step down from the role of interim CEO and CFO.

An economics and business administration graduate of Germany’s University of Heidelberg, he will be responsible for the company’s finances and risk management.

Burkhard will also oversee its auditing, IT and sales financing.

Hans Neunteufel, chairman of the Supervisory Board of Wacker Neuson SE, said: “With Christoph Burkhard, we have won a CFO with a large amount of international experience coupled with outstanding expertise in financing and the execution of global transformation processes.

“In addition to this, Mr. Burkhard has already proven his ability to successfully and sustainably manage working capital in a rapidly expanding global engineering company – a very important area also for our Group.”

Before joining the company, Burkhard served as the CFO of wind turbine systems business Nordex Group. Prior to that, he spent 18 years working for Siemens AG.

During his time there he held multiple roles, including that of CFO for the company’s global offshore wind business.

Burkhard, CFO of Wacker Neuson, said: “I am really looking forward to supporting the Wacker Neuson Group on its exciting journey shaped by emerging opportunities through an integrated finance function, and to driving the company’s strategic goals, such as the expansion of the zero emission portfolio, in collaboration with the entire Executive team.”

Wacker Neuson said Burkhard would work alongside Dr. Karl Tragl, who was appointed to the role of CEO and chairman of the Executive Board two months ago.

Both Burkhard and Tragl will start in their new positions on 1 June, 2021.