Jörg Stratmann has been appointed as CEO of Rolls-Royce Power Systems. He will join Rolls-Royce on 15 November 2022 reporting to CEO Warren East as part of the wider Executive Team. Separately, Andreas Strecker will join Power Systems as Chief Financial Officer from 1 December 2022.
Jörg Stratmann, who holds a doctorate in industrial engineering, was most recently CEO and chairman of the executive board of the automotive supplier Mahle. In this role, he significantly expanded the business outside the area of combustion engines towards customised solutions for e-mobility and successfully developed new business opportunities based on sustainable technologies for global markets. Previously, he held various international positions for Siemens and leading positions at Mahle. Jörg Stratmann succeeds Andreas Schell, who on 7 April 2022 announced his decision to stand down.
Separately, the Supervisory Board of Rolls-Royce Power Systems has also appointed Andreas Strecker as Chief Financial Officer. He will join the Management Board of Rolls-Royce Power Systems on 1 December 2022 and will report to Rolls-Royce Chief Financial Officer Panos Kakoullis within the Rolls-Royce Group.
Andreas Strecker has extensive experience in the financial management of international corporations, primarily in the automotive and industrial sectors. Most recently, he was President, Europe & Asia, at Accuride Wheels, a supplier to the global commercial vehicle industry, with responsibility for plants in Asia and Europe. Prior to that he was CFO of Cologne-based engine maker Deutz, and CEO of Solaris Bus & Coach, where he turned the company into the leading manufacturer of electric buses.
“On behalf of the workforce and myself, I would like to welcome Jörg Stratmann and Andreas Strecker. I am delighted that we have succeeded in appointing a CEO and a CFO who are no strangers to balancing the interests of employer and employees in Germany, and who also bring international experience with them,” said Thomas Bittelmeyer, Chairman of the Works Council and Deputy Chair of the Supervisory Board of Rolls-Royce Power Systems.