Deutz Annual General Meeting
At the annual general meeting of Deutz AG the Board of Management and Supervisory Board policy has been approved. Increased dividend of €0.18 per share approved Full team of Board of Management members again: Supervisory Board appoints Katharina Krüger as Chief Transformation Officer. A new brand design for the company
At the Annual General Meeting, held on May 13th at the Gürzenich events center in Cologne, the shareholders of Deutz AG formally approved the actions of the Board of Management and Supervisory Board, with more than 99,75 % respectively 95,35 % percent of the votes cast in favor. The current Chairman of the Supervisory Board Dietmar Voggenreiter and Ms. Patricia Geibel-Conrad were re-elected as members of the Supervisory Board ahead of the end of their terms of office.
Raising the Dividend
The Deutz Annual General Meeting also approved the Board of Management and Supervisory Board’s proposal to raise the dividend to €0.18 for 2025 (dividend for 2024: €0.17). A total of around 43,95 percent of the Company’s share capital with voting rights was represented at the Annual General Meeting.
The speech by CEO Sebastian Schulte centered on the subject of change, and not just in reference to the Company’s new brand identity that was unveiled today: “Deutz is now more broadly positioned than just a few years ago. We have added to our portfolio, broken into new markets, and expanded our technological and industrial expertise to include areas that go beyond the classic engines business. The changes that we have initiated in the past few years are increasingly paying off and will continue to do so in the future. And this will benefit our shareholders too.”
The Supervisory Board of Deutz has taken this growth and the accompanying strategic transformation into account by adding to the Board of Management, making the decision to expand the Board of Management to three members again. Katharina Krüger, who is currently responsible for strategy, HR, and transformation, will take on the newly created role of Chief Transformation Officer (CTO) with effect from June 1, 2026. “In recent years, DEUTZ has successfully evolved from a manufacturer of classic internal combustion engines into a system provider for innovative and sustainable mobility and energy solutions,” says Dietmar Voggenreiter, Chairman of the Supervisory Board of Deutz. “And I am delighted that the shareholders have given their backing to the Company’s new course and the Next DEUTZ strategy. I am confident that the Company has put itself in an ideal position from which to generate further profitable growth. The Supervisory Board will continue to support the Board of Management in these endeavors.”
“By creating a new role on the Board of Management, we are taking account of the importance that the transformation, HR, and culture have for Deutz’s further development,” continues Voggenreiter. “At the same time, we are spreading the load of running the Company among several people again, under the leadership of CEO Sebastian Schulte. Katharina Krüger has played a key part in our Company’s evolution over the last few years, and we are pleased that she will now continue this – with a clear focus on transformation – as a member of the Board of Management.” The change in DEUTZ’s positioning compared with a few years ago is primarily thanks to business decisions backed by investment. The clear overarching objective is to double revenue to €4 billion by 2030 and to achieve an adjusted EBIT margin of 10 percent.
“The successful expansion of our portfolio is due in no small part to the outcome of targeted M&A transactions. The strategic acquisitions made under our growth strategy in recent years are now contributing revenue of around €500 million and, moreover, are highly profitable and thus providing a boost to our margin. We will continue our buy-and- build strategy and, in this way, forge further ahead with DEUTZ’s transformation,” explains Deutz CFO Oliver Neu.
A New Global Brand Identity
Deutz unveiled a new brand identity that reflects the company’s transformation. “Our new brand combines familiar and new elements”, says Sebastian Schulte. “Tradition, reliability, and pride in our heritage remain central, for example in the corporate red and the outline of Ulm Minster. At the same time, the new identity embodies openness, progress, and innovation. The open D in the new logo symbolizes collaboration and transparency, while the color yellow represents courage and optimism for the future.”
