Hermes’ appointment, which runs until 31 August 2018, comes well ahead of the expiration date of his present contract.
A former partner of KPMG, Hermes joined Wilo SE six years ago as a member of the executive board responsible for finance, management accounting and human resources. Under his chairmanship, Wilo Group’s annual sales exceeded €1 billion for the first time in 2010.
“I am delighted at the trust the company has placed in me,” said Hermes. “For the future, too, our strategic objective will be the same as before: Profitable Growth. With its modern strategic focus, its long-term policy of innovation and its far-sighted investment strategy, the Wilo Group is excellently equipped to remain on course even in economically challenging times.”
