PIERER Mobility Announces Leadership Transition at KTM AG

PIERER Mobility AG has announced a significant shift in leadership at KTM AG. Stefan Pierer, who has been instrumental in establishing KTM as a leading global motorcycle brand over the past 33 years, is stepping down from the Executive Board. The management of KTM AG will now be fully transitioned to Gottfried Neumeister.

Despite this change, Stefan Pierer will continue to serve as Co-CEO of PIERER Mobility AG, ensuring that his expertise remains within the broader company. This transition follows the approval of a reorganization plan by KTM AG's creditors, marking a new chapter for the company.

KTM has expressed gratitude to Stefan Pierer for his years of dedicated service. His vision and leadership have been key in transforming KTM into Europe's largest motorcycle manufacturer. The move is part of a strategic plan to usher in a new era for KTM under Neumeister's guidance.