CEO of VTG, Heiko Fischer, ‘set to step down’
After more than 25 years at VTG, which alongside its rail capabilities has a global, broad-based fleet of tank containers, said Dr Heiko Fischer is to step down from the CEO role “but will retain close ties to VTG”.
Jost Massenberg, chairman of the supervisory board of VTG, said: “My thanks go to Dr Fischer for his tremendous achievements in developing this company, his strategic vision and for the professionalism with which he has led us through the many changes of ownership.
“For more than 17 years, Fischer has been tirelessly, rigorously, and successfully planning and implementing the transformation of VTG into a European market leader.”
The company’s orientation and the nature of its leadership tasks will both change as a result. VTG withdrew its shares from public trading in 2019. The imminent squeeze-out will now transition the company to a completely private enterprise that will focus more sharply on its core markets.
Due to this, in consultation with the supervisory board, Heiko Fischer decided to place the management of the company and its transition to this new phase into new hands. Fischer will turn his attention to new duties in the interests of VTG.
Fischer will step down from his duties as chairman of the executive board effective June 30, 2021 but will retain close ties to VTG in the capacity of senior advisor for activities in particular in the political and governmental affairs.
Fischer said: “I look back on my long tenure at VTG with humility, great joy and enormous gratitude. Having successfully overcome the second major economic crisis on my watch, it is time for a new start.”
“I am glad to have fashioned VTG into a European market leader, and to have opened the door wide to digital rail freight. In my new role, I will continue to play my part in developing this mode of freight transport and will stay close to the fantastic people who, over all these years, have made VTG into what it is today.”
For more information visit www.vtg.com
5th July 2021
