Pierer Mobility Group has made changes to its executive board structure with the departure of Chief Financial Officer (CFO) Viktor Sigl.
A market communication states that the termination of Viktor Sigl’s contract was by mutual consent between him and the supervisory board, without disclosing specific reasons. The duties will be temporarily assumed by the group’s CEO, Stefan Pierer.
The statement also expressed gratitude to Viktor Sigl: ‘The supervisory board of Pierer Mobility AG thanks Viktor Sigl for his long-term commitment to the Pierer Mobility Group’, it reads.
In addition, Gottfried Neumeister has been appointed as an additional member of the management board, starting on September 1st this year, to support Stefan Pierer’s agenda. Previously, Neumeister held management positions from 2012 to 2023 and co-founded the airline flyniki with former Formula 1 driver Niki Lauda.
Pierer Mobility Group, led by KTM, also includes brands such as GasGas, Husqvarna, and MV Agusta, as well as WP Suspension. The group also collaborates with CFMOTO, which holds a significant portion of the group’s shares.