The Supervisory Board of Steyr Motors AG (ISIN AT0000A3FW25), a global leader in customized engines for defense and civil applications, has expanded its Management Board to two members as planned. Effective 1 June 2026, Bjorn Krausmann will assume the role of Chief Financial Officer (CFO) for a three-year term, joining CEO Julian Cassutti to lead the company’s growth strategy.
The appointment marks a significant step in the company’s organizational development, reflecting its increasing internationalization. Krausmann brings extensive experience in senior financial roles, corporate development, transformation, and M&A, most recently from a leadership position at the Pfleiderer Group. In his new role, he will oversee finance, human resources, and IT.
Dr. Rolf Wirtz, Chairman of the Supervisory Board, welcomed the appointment: “We are pleased to have gained an experienced CFO in Bjorn Krausmann, who will contribute his extensive experience specifically to the further development and expansion of Steyr Motors AG. With the expansion of the Management Board – which has been planned for some time and systematically implemented – we are also laying the groundwork for successfully shaping the next development phase of our Company.”
CEO Julian Cassutti added: “With Bjorn Krausmann, we are gaining a proven financial expert with extensive experience in the capital markets, M&A, and international growth financing. I am very much looking forward to the addition to the Management Board. His expertise will play a key role in strategically and financially supporting Steyr Motors’ next phase of growth. Together, we aim to further expand our position in attractive future markets and increase sustainable value for our shareholders.”
Steyr Motors AG, headquartered in Steyr, Austria, is renowned for developing and producing high-performance customized special engines with high power density and durability. Its engines are primarily used in military special vehicles, boats (both military and civilian), and as auxiliary power units for main battle tanks and locomotives.
For further information, visit Steyr Motors AG or view the original release on NewMediaWire.
