Measurement technology and automation solutions provider with new CEO

Dr Peter Selders has successfully taken over the position of CEO at Endress+Hauser. The 54-year-old, who holds a doctorate in physics, has been with the company since 2004 and was previously head of the competence centre for level and pressure measurement technology in Maulburg. With his many years of experience, he is now taking over the management of the Swiss company for measurement technology and automation solutions. Dr Selders is only the fourth CEO in the group's 70-year history.

His predecessor Matthias Altendorf (56) is moving to the Group's Board of Directors after ten years at the helm (IAD reported). In 2014, he became the first non-family CEO to succeed Dr h. c. Klaus Endress. He is now replacing the 75-year-old as Chairman of the Board of Directors.

In future, two members of the third generation will represent the interests of the shareholder family: In addition to Sandra Genge, Steven Endress, a grandson of the company founder, will also join the Board on 1 January 2024.

Peter Selders will be succeeded at Endress+Hauser Level+Pressure by Dr Dirk Mörmann (50), who was previously Head of Technology and a member of the Executive Board. Endress+Hauser had already announced all of these changes in February 2023.