Stabilus SE Expands Management Board with CTO David Sabet

Stabilus SE has announced the expansion of its Management Board to three members, appointing David Sabet as CTO effective October 1, 2024. This strategic move underscores the firm’s focus on innovation and the Americas region.

Sabet has been with Stabilus for 28 years, currently holding roles as Head of Business Unit Automotive Powerise and CTO. His extensive experience makes him a suitable leader for the Americas region, aligning with the company's STAR 2030 growth strategy. This strategy aims to drive sales growth through innovation, targeting €2 billion in revenue by 2030.

Dr. Stephan Kessel, Chairman of the Supervisory Board, highlighted Sabet’s experience in both the USA and Germany, which will be instrumental in his new role. Dr. Michael Büchsner, CEO, emphasized the company's expansion in automation technology and welcomed Sabet’s technological focus.

Sabet expressed enthusiasm for contributing to Stabilus's growth, citing his familiarity with the market and customers in the Americas. Starting his career at Stabilus in 1996, Sabet holds a bachelor’s degree in mechanical engineering from Pennsylvania State University.

The Management Board will now comprise CEO Dr. Michael Büchsner, CFO Stefan Bauerreis, and CTO David Sabet.