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Wilo extends CEO’s contract to 2023

Wilo CEO Oliver Hermes.
Wilo CEO Oliver Hermes.

Wilo Group’s supervisory board has approved an early extension of CEO Oliver Hermes’s contract until the end of 2023.

“We are pleased to confirm the continuation of our very successful collaboration with Oliver Hermes,” said Prof Dr Norbert Wieselhuber, chairman of Wilo’s supervisory board. “With Oliver Hermes at the helm, the Wilo Group has accelerated its profitable growth, Wilo’s leadership in innovation and technology has flourished and the brand has gone from strength to strength. Oliver stands for a consistent, future-orientated and customer-orientated approach for the group,” added Wieselhuber.

“I am deeply grateful for the continued trust placed in me by the supervisory board,” said Hermes. “My goal is to further strengthen the Wilo brand in the future. We will achieve this by resolutely advancing our strategy of intensified globalisation over the coming years, by implementing the digital transformation of our company and by making inroads into new growth markets.”