The Supervisory Board of PWO AG has unanimously agreed to reappoint Carlo Lazzarini as a member of the Executive Board and confirm him as Chairman of the Executive Board for another five years, effective January 1, 2027. The decision was announced on May 18, 2026, and underscores the board's confidence in Lazzarini's leadership during a period of significant market challenges.
Karl M. Schmidhuber, Chairman of the Supervisory Board, highlighted Lazzarini's track record in developing the PWO Group, expanding its international presence, and navigating a difficult market environment. "Carlo Lazzarini has consistently developed the PWO Group in recent years, expanded its international presence and kept the company on track despite a market environment that has recently become very challenging," Schmidhuber said. "The Supervisory Board looks forward to continuing to work with him and sees continuity in leadership as an important foundation for the company’s continued positive development."
Lazzarini expressed gratitude for the renewed trust and outlined his vision for the future. "I thank the Supervisory Board for their trust. I look forward to continuing my role and, together with our global team, helping to shape and drive the development of the PWO Group in the years to come," he said.
PWO AG, headquartered in Oberkirch, Germany, is a global partner to the mobility industry, specializing in lightweight metal solutions, high-precision forming, and joining technologies. The company produces over 100 million components annually, employs 3,300 people, and operates 11 global locations. Its solutions are integral to almost every passenger car worldwide, focusing on three megatrends: electrification, safety, and comfort.
The reappointment ensures strategic stability as the company continues to focus on its powertrain-agnostic and sustainable business model. With a commitment to climate-friendly lightweight construction, PWO AG aims to remain at the forefront of innovation in the mobility sector. The company's corporate philosophy, centered on "People. Planet. Progress," emphasizes responsibility and transparency.
The decision comes at a time when the automotive industry faces headwinds from supply chain disruptions, raw material cost inflation, and the transition to electric vehicles. Lazzarini's continued leadership is seen as critical to maintaining the company's growth trajectory and international expansion. For more information, visit pwo-group.com. The original announcement is available at NewMediaWire.
