Dr Till Reuter has ended his time as the CEO of Kuka after a decade at one of the world’s largest industrial robot manufacturers.
Kuka is a German industrial automation company which was established 120 years ago and last year generated revenue of almost $4 billion.
In 2016, Chinese home appliances manufacturing giant Midea increased its stake in the company and completed its takeover in 2017.
Reuter’s decision to leave the company in December is said to be in agreement with the supervisory board. Peter Mohnen is appointed to take over and the company says this ensures continuity. [Read more…] about Kuka CEO Till Reuter leaves role after 10 years