Schedule a Call Back
Schneider Electric replaces CEO Peter Herweck amid disagreements
Industry News- Nov 05,24
Herweck, who served as CEO for 18 months, will be succeeded by Olivier Blum, currently leading Schneider's Energy Management division.
Schneider Electric’s Board of Directors announced the immediate termination of Peter Herweck as CEO, citing differences in executing the Group’s strategic roadmap. Herweck, who served as CEO for 18 months, will be succeeded by Olivier Blum, currently leading Schneider's Energy Management division.
In a statement, the French electrical equipment company explained that Herweck's departure was due to “disagreements in the implementation of the company’s roadmap during a period of significant opportunities.” The Board unanimously appointed Blum as his replacement, effective immediately.
(Market Screener)
Related Stories
Electrical & Electronics
Schneider Electric launches next-gen TeSys Deca motor starters in India
Nikhil Pathak, Vice President – Digital Energy and Power Products, Schneider Electric, Greater India, said, “At Schneider Electric, innovation goes beyond technology—it’s about creating long..
Read moreElectrical & Electronics
Schneider Electric launches next-gen TeSys Deca motor starters in India
The company has expanded motor control portfolio in India with the introduction of TeSys Deca Advanced 115A & 150A motor starters that can reduce CO? by 22%, enhance reliability, and improve efficie..
Read moreAutomation & Robotics
Localisation is Delta Electronics’ key strategy in India: Andy Sun
In this interview with Rakesh Rao, Andy Sun, Senior Director of Sales and Marketing, Industrial Automation BG, Delta Electronics, discusses manufacturing trends and Delta’s future growth plans for..
Read moreRelated Products
Geared Electric Motors
ELECTRICAL & ELECTRONIC EQUIPMENT
Delco Fans Pvt Ltd offers single phase capacitor run and three
phase geared Instrument motors, totally enclosed face/foot mounted.
“Kusam-Keco” Partial Discharge Acoustic Imager - Model - Km-pdai
ELECTRICAL & ELECTRONIC EQUIPMENT
‘Kusam-Meco’ has introduced a new “Partial Discharge Acoustic Imager Model KM-PDAI.
78 Series Din Rail Terminal Blocks
ELECTRICAL & ELECTRONIC EQUIPMENT
Werner Electric Private Limited offers a wide range of 78 series din rail terminal blocks.
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
