Endress+Hauser, the Swiss powerhouse specializing in measurement technology and automation solutions, has seamlessly executed a leadership transition, solidifying its position with Peter Selders stepping into the role of CEO. The outgoing CEO, Matthias Altendorf, a driving force behind the company for a decade, on the other hand, is embarking on a new chapter as he assumes the role of President of the Supervisory Board.
With a doctorate in physics, Dr Selders has been an integral part of the company since 2004, previously serving as the managing director of the competence center for level and pressure measurement technology in Maulburg, Germany. Notably, Dr Selders becomes only the fourth CEO in the esteemed 70-year history of the Endress+Hauser Group. Mr Altendorf, who succeeded Klaus Endress as the first non-family CEO in 2014, brings his wealth of experience to guide the strategic direction of the company in this elevated capacity. Meanwhile, the Supervisory Board will witness representation from the third generation of the shareholder family with Sandra Genge and Steven Endress, a grandson of the company’s founder, actively safeguarding family interests.
With these strategic shifts, the accomplished Dirk Mörmann steps into the position vacated by Dr Selders at Endress+Hauser Level+Pressure. Dr Mörmann, aged 50, was previously at the helm of technology and held a crucial role on the management board. Notably, these pivotal leadership changes were anticipated, with Endress+Hauser unveiling the succession plan in February 2023. The newly appointed CEO, Peter Selders, steps into his role at a time of rapid technological advancement and increasing demands for precision and efficiency in measurement technology. His extensive tenure within the company positions him as a leader capable of navigating the evolving landscape of the industry. Dr Selders’ background in physics and his prior role as the head of the competence center for level and pressure measurement technology underscore his deep understanding of the intricacies involved in the development and deployment of cutting-edge measurement solutions.
In the wake of these transitions, Matthias Altendorf’s move to the Supervisory Board adds a seasoned executive with a decade of experience at the helm to guide the company’s strategic decisions. Mr Altendorf’s tenure as CEO was marked by notable achievements and a commitment to innovation and excellence. His new role as President of the Supervisory Board reflects a continued contribution to the company’s success and a desire to contribute to its long-term vision. Furthermore, the introduction of the third generation to the Supervisory Board ensures the continuation of family involvement and legacy at Endress+Hauser. Sandra Genge and Steven Endress bring fresh perspectives and a familial connection to the company’s heritage, aligning their interests with the sustained growth and prosperity of the organization.
Endress+Hauser’s recent leadership changes signal a strategic approach to succession planning, ensuring a seamless transition of expertise and vision within the organization. Peter Selders’ assumption of the CEO role, coupled with Matthias Altendorf’s move to the Supervisory Board and the introduction of the third generation, sets the stage for continued innovation, growth, and success in the field of measurement technology and automation solutions.
