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Reinhold Würth regulates succession in the company

Entrepreneur and billionaire Reinhold Würth has now set the course on the foundation’s supervisory board of the retail group. The 87-year-old told the “Heilbronner Voice” (Saturday) that his successor as chairman of the most important body of the Würth Group would be grandson Benjamin Würth (41). The son of daughter Marion Würth has been a member of the supervisory board of the foundation since 2019.

Benjamin Würth’s brother Sebastian, who already sits on the Advisory Board of the Würth Group, is to succeed the current Advisory Board Chair Bettina Würth.

Nothing will change for the time being, said Reinhold Würth of the “Heilbronner Voice”. He is still working to give his grandchildren some time “to mesh and interweave even more with the other colleagues in management.”

Würth is following economic developments in Germany with concern. In an interview with the “Heilbronner Voice” he said he was very concerned that “we will have a full-fledged economic crisis from the fourth quarter”.

The business of his own company continues to run “like clockwork”. He is still hoping for record sales and profits for the Würth Group this year. But it is also possible that the world market leader for fastening technology “is in the red for the first time in its 76-year history”.

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