After more than 28 years at the helm, majority shareholder Dr Karl J. Gaertner is stepping down from the MEYLE AG Executive Board. As of 1 September 2023, board members Dirk Damaschke and Marc Siemssen are now managing the spare parts manufacturer based in Hamburg..

Dr Gaertner is therefore leaving operational management entirely in the experienced hands of his former board colleagues Dirk Damaschke and Marc Siemssen, who have been involved in company management and members of the Executive Board for several years now.

Dr Gaertner will remain Chairman of the Executive Board of the Wulf Gaertner Autoparts AG holding company, which is wholly owned by the family, and thus continue to support MEYLE with his expertise. This long-term transition is part of a generational change designed to prepare the company for the future. In addition, Dr Gaertner’s daughter Lisa Gaertner has joined the holding company’s Supervisory Board as a family representative.