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On 07 December, the Supervisory Board of Renk Group announced the appointment of Mr Niklas Beyes as the new CFO, an appointment which became effective from 1st January 2022. Mr. Beyes is an operational CFO who has spent the last 15 years in the automotive supply industry and has led various transformations and strategy programmes for global companies like Brose, FTE automotive, SKF and Schaeffler.

With over 20 years of management experience in all commercial functions, IT, purchasing and operations, he brings relevant industry and capital market experience as well as business leadership to Renk, the company writes in a press release.