Stefan Weingartner to become MTU's new President and CEO, Commercial Maintenance
18 October 2007
Dr Stefan Weingartner will become MTU Aero Engines' new President and CEO, Commercial Maintenance, effective November 1, 2007. MTU's Supervi-sory Board nominated him to the position in a meeting held in the evening of October 18, 2007. Weingartner succeeds Bernd Kessler, who will join Switzerland-based aircraft mainte-nance, repair and overhaul company SR Technics to become its CEO.
Weingartner has been serving as MTU's Senior Vice President, Defence Programmes since 2002, being responsible for all of the company's government business, including its activities in the engine programs for the Eurofighter/Typhoon, the Airbus A400M military transport, the Tiger helicopter and other aircraft. In this role, he has also been in charge of MTU's military repair and overhaul business. Weingartner, who holds a doctorate degree in Engineering and an MBA, has been involved in the aerospace industry for 18 years. At former DaimlerChrysler Aerospace, he for several years headed the company's North Asia operations, including the sales and marketing activities, before he was appointed President of newly established EADS Japan.
MTU's Supervisory Board Chairman Johannes P Huth said: "With the extensive senior man-agement experience Stefan Weingartner has gained in the aviation industry, he combines all the skills it takes to fulfil this role successfully. He has international experience and a keen customer focus, and is thoroughly familiar with MTU's markets, products, and services. I'd like to thank Bernd Kessler for his three years of service to MTU. During his tenure, he has put the commercial maintenance business on a growth track."
MTU Aero Engines is Germany's leading engine manufacturer and ranks among the major players in the business. It operates affiliates in all significant markets and regions. In the commercial area, the company is the world's leading independent provider of engine mainte-nance services. In the military arena, MTU is the industrial lead company for practically all engines flown by the country's armed forces and an important partner in major European en-gine programs. Having carved out leading positions in engine technologies, the company ex-cels in high-pressure compressors, low-pressure turbines, engine control units, as well as manufacturing and repair techniques.
