"This decision has been maturing in me for a long time," Florian Bauer said. "The operational business is very close to my heart. I come from the construction site and want to work closer to the construction site again."

Bauer will, therefore, once again devote himself fully to his duties in the management team of Bauer Spezialtiefbau and end his previous dual role as a member of the Executive Board of Bauer.

In order to manage the transition phase, Hartmut Beutler will return temporarily as an interim member of the Executive Board on January 1, 2024.

"I would like to thank Florian Bauer for the very good and trusting cooperation over the past six years," Peter Hingott, CEO of Bauer, said. "His knowledge and commitment are extremely valuable for the geotechnical solutions segment, and I am delighted that he will be making a full contribution here."

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