Steyr Motors AG, a global leader in customized engines for defense and civil applications, announced today that its Supervisory Board has expanded the Management Board to two members, appointing Bjorn Krausmann as Chief Financial Officer effective June 1, 2026. Krausmann will serve a three-year term alongside CEO Julian Cassutti, aiming to drive the company's growth strategy and internationalization.
Krausmann brings extensive experience in senior financial roles, corporate development, transformation, and mergers and acquisitions, most recently holding a leadership position at the Pfleiderer Group. In his new role, he will oversee finance, human resources, and IT. The appointment is part of a planned organizational development to support Steyr Motors' increasing global footprint.
Dr. Rolf Wirtz, Chairman of the Supervisory Board, welcomed the appointment, stating, "We are pleased to have gained an experienced CFO in Bjorn Krausmann, who will contribute his extensive experience specifically to the further development and expansion of Steyr Motors AG. With the expansion of the Management Board – which has been planned for some time and systematically implemented – we are also laying the groundwork for successfully shaping the next development phase of our Company."
CEO Julian Cassutti added, "With Bjorn Krausmann, we are gaining a proven financial expert with extensive experience in the capital markets, M&A, and international growth financing. I am very much looking forward to the addition to the Management Board. His expertise will play a key role in strategically and financially supporting Steyr Motors' next phase of growth. Together, we aim to further expand our position in attractive future markets and increase sustainable value for our shareholders."
Steyr Motors AG, headquartered in Steyr, Austria, specializes in high-performance customized engines with high power density and durability, primarily used in military special vehicles, boats, and auxiliary power units for main battle tanks and locomotives. The company's stock is listed under ISIN AT0000A3FW25. For more information, visit www.steyr-motors.com. The original press release is available at www.newmediawire.com.
