Harald Schwager is the new Chair of the Administrative Board of KSB

FRANKENTHAL: The Frankenthal-based pump and valve manufacturer KSB has appointed Dr. Harald Schwager as the new Chair of the Administrative Board. His predecessor, Oswald Bubel, who had headed the Board since January 2018, retired from the company on 16 June.

In addition to Harald Schwager, the other members of the Administrative Board are Monika Kühborth, Andrea Teutenberg and Michael Eckert. Together with Group Management, the Administrative Board defines the company’s strategic guidelines and monitors their implementation.

Harald Schwager holds a doctorate in chemistry and is originally from Speyer, Germany. He brings with him extensive experience from senior positions at BASF and Evonik, most recently as Deputy Chairman of the Executive Board at Evonik Industries in Essen, Germany. He is also a member of the German Science and Humanities Council [Wissenschaftsrat] and holds positions in other supervisory boards. Schwager has been a member of KSB’s Administrative Board since the pump and valve manufacturer changed its legal form to an SE & Co. KGaA in 2018 and is focusing on continuity in his ongoing work for the company.

“Technological innovations can make life better and KSB plays a leading role in this area. We want to further strengthen this position while at the same time taking responsibility for the economy, society and the environment.”

Stephan Timmermann, CEO of KSB, expresses his gratitude to Oswald Bubel for his work as Chair of the Administrative Board over the past eight years: “KSB’s success is closely linked to his commitment and expertise.” At the same time, Timmermann is looking forward to continuing to work with Bubel’s successor: “The handover of this role to Harald Schwager ensures continuity and strength in the Administrative Board and thus in our work as Management.”

KSB is a leading international manufacturer of pumps and valves. The Frankenthal-based Group has a presence on five continents with its own sales and marketing organisations, manufacturing facilities and service operations. With a workforce of around 16,400, the KSB Group generated sales revenue of approximately € 3 billion in the 2024 financial year.
 

Press release: Harald Schwager is the new Chair of the  Administrative Board of KSB