Report
Klaus Ringel

DEUTZ AG : Current CFO Timo Krutoff to leave at the end of November 2024

>Changes to the Executive Board - Deutz announced that their current CFO Timo Krutoff will leave the company by amicable and mutual agreement at the end of November 2024. With Oliver Neu, who is currently Deutz’s Senior Vice President Finance & Controlling, the company has already named a suitable internal successor. Mr Neu will take the position as Group CFO and step up to the Executive Board from 1 October 2024. Mr Krutoff became CFO of Deutz in December 2022 and hi...
Underlying
DEUTZ AG

Deutz is the parent company of DEUTZ Group, and is engaged as an independent manufacturer of compact diesel engines for both on and off-road use. Co. develops, designs, produces and sells diesel engines that are cooled by water, oil or air. Co.'s operating activities are divided into: the DEUTZ Compact Engines segment, which comprises liquid-cooled engines with capacities of up to eight litres; and the DEUTZ Customised Solutions segment, which focuses on air-cooled engines and large liquid-cooled engines with capacities of more than eight litres, and also supplies reconditioned parts and engines. Co. also repairs, maintains and services vehicles and machines fitted with DEUTZ engines.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Klaus Ringel

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