A component of the recently announced go-forward plan for KTM AG was word that Stefan Pierer has resigned from the Executive Board of KTM AG and hands over the management of KTM AG completely to Gottfried Neumeister. However Herr Pierer does remain Co-CEO of PIERER Mobility AG, according to the March 4th announcement.
“Stefan Pierer is today resigning from the Executive Board of KTM AG. Stefan Pierer has accompanied Gottfried Neumeister as Co-CEO until the approval of the reorganization plan by the creditors of KTM AG and is now handing over the management of KTM AG completely to him.
In more than 33 years, Stefan Pierer has turned KTM into a global brand and built it into Europe’s largest motorcycle manufacturer. The company would like to thank Stefan Pierer for his many years of successful work for KTM.”
Stay tuned for more of the #PKTM shifting gears announcements.
