Peter Mohnen leaves robot manufacturer Kuka

0
Peter Mohnen leaves robot manufacturer Kuka

Personnel
Peter Mohnen Leaves Kuka Prematurely




From

Manuel Christa | Translated by AI


1 min Reading Time

Related Vendor

Peter Mohnen surprisingly resigns as CEO of the robot manufacturer Kuka. The company is keeping quiet about the reasons for this, but according to media reports, the CEO has been increasingly criticized for his course.

Peter Mohnen, Kuka CEO for many years, is leaving the company prematurely.(Image: KUKA)
Peter Mohnen, Kuka CEO for many years, is leaving the company prematurely.

(Image: KUKA)

Kuka is losing its long-standing CEO: Peter Mohnen will leave the company on July 1, 2025. This was announced by the German-based automation specialist on Sunday. The 54-year-old has been at the helm of Kuka since 2018 and previously served as Chief Financial Officer for six years. His contract runs until the end of 2025 and a successor is to be named in the near future.

According to research by the Augsburger Allgemeine, Mohnen’s withdrawal is not solely due to personal reasons. According to the report, there were repeated differences of opinion with the parent company Midea, which has owned Kuka since 2016. In particular, there are said to have been differences of opinion on the issue of further cost reductions at the Augsburg site.

Mohnen secures the Augsburg (Germany) Site

While Kuka was in the black in 2024, Midea demanded greater efficiency and higher profitability. The future of jobs in Augsburg may also have played a role: In 2023, Mohnen succeeded in extending the site guarantee, which was originally due to expire, until the end of 2025. An achievement that is seen internally as his most important success. However, striking a lasting balance between the expectations of the owners and the interests of the company is likely to have taken some effort.

In his farewell statement, Mohnen expressed his gratitude and pride. He did not give any details about his professional plans.

Kuka is now facing a turning point. The search for a new CEO is likely to be decisive for the future course of the robotics specialist. The balance between local roots in Germany and the global aspirations of the Chinese parent company will play an important role. (sp)

link

Leave a Reply

Your email address will not be published. Required fields are marked *