Knorr-Bremse Extends Executive Board Member Nicolas Lange's Contract for Five Years
The Supervisory Board of Knorr-Bremse AG has extended Nicolas Lange's contract as Executive Board member for five years, signaling stability and continuity in leadership for the company's Rail Vehicle Systems division during industry transformation.
The Supervisory Board of Knorr-Bremse AG has unanimously voted to extend the contract of Dr. Nicolas Lange for his role as a member of the Executive Board for an additional five years beginning October 2026. Lange, who holds global responsibility for the Rail Vehicle Systems division, was originally appointed to the Executive Board in October 2023. This early contract renewal demonstrates the company's confidence in Lange's leadership during a period of significant transformation in the transportation industry.
Dr. Reinhard Ploss, Chairman of the Supervisory Board of Knorr-Bremse AG, emphasized Lange's strategic contributions, stating that he has been a driving force behind the company's global rail vehicle systems business. Ploss highlighted Lange's strategic vision, technological expertise, and strong customer relationships as key factors in setting a firm course for the Rail division's future growth. The decision reflects the board's commitment to maintaining experienced leadership amid global challenges facing the transport sector.
Marc Llistosella, Chief Executive Officer of Knorr-Bremse AG, characterized the contract extension as a powerful message about continuing effective collaboration among Executive Board members. Llistosella noted that under Lange's leadership, the Rail Vehicle Systems division has made substantial contributions to the company's development through initiatives like the BOOST strategy program, which has driven efficiency and performance enhancements. The division has also advanced through pioneering investments, innovations, and important customer projects that support Knorr-Bremse's market position.
Dr. Lange expressed gratitude for the Supervisory Board's trust and outlined his commitment to continuing the strategic direction established over the past two years. He emphasized that the Rail division has implemented key measures to steer the business toward profitable growth and lasting success. Lange looks forward to building on these advances with the Executive Board team and colleagues worldwide, reinforcing the company's trajectory in the evolving mobility landscape. Additional information about Knorr-Bremse can be found at https://www.knorr-bremse.com.