Wittur Tools
Sulzemoos-Wiedenzhausen, 5 March 2024

Wittur Appoints Udo Aull as CEO

Sulzemoos-Wiedenzhausen, 5 March 2024 – Wittur Holding GmbH (“Wittur” or the “Company”), a global leader in providing components to the elevator industry, announces the appointment of Udo Aull as new Chief Executive Officer (CEO), effective immediately. The appointment marks the start of the next chapter in Wittur's pursuit of customer-centric growth and operational and commercial excellence. Udo Aull succeeds Tom Stephenson, who will step down after more than 3.5 years as CEO.

“We are excited to have Udo join at such a critical time to help lead the Wittur team into a new era and capture the enormous growth opportunities ahead,” said Andre Jakubowski, Director at KKR. “With a career in industrial manufacturing spanning over thirty years, Udo brings a wealth of experience to Wittur as a commercially savvy and success-oriented leader. His track record in driving profitable growth across global businesses is perfectly aligned with Wittur's aspirations to capitalize on its market-leading position as the elevator industry continues to evolve.”

Aull is recognized for his exemplary leadership in global businesses specializing in mission-critical components, services, and solutions. Prior to his role at Wittur, he served as General Manager & CSO of SEW-EURODRIVE, a renowned global provider of power transmission and industrial motion technology. Joining the company in 2016, he played a pivotal role in driving both top- and bottom-line growth, spearheading automation and new product initiatives, and achieving key strategic objectives. Additionally, Aull's extensive experience includes 18 years in several high-ranking roles at Danaher, a prominent global innovator in life sciences and diagnostics. During his tenure at Danaher, he led numerous industrial automation segments and regional businesses across Europe, Asia, and the Americas.

“I am honored to join Wittur and serve the Company as it navigates through its next phase of growth and innovation,” said Aull. “Wittur has cemented its role as an industry leader and I look forward to building upon this strong foundation, continuing to deliver exceptional solutions and outstanding services to our valued customers worldwide.”

Wittur is indirectly owned by funds, clients and accounts managed and advised by KKR. KKR has broad experience investing in global industrial manufacturing businesses with a focus on achieving long-term sustainable growth.
 
About Wittur
Founded in 1968, Wittur is one of the world’s leading independent elevator components manufacturers with an extensive global manufacturing footprint and sales network and a broad range of products. Its product offering features a large range of components for new elevator manufacturing and sourcing, for spare parts and for modernization and upgrades. Components made by Wittur span from sophisticated mechatronic components for elevator cabins and landing doors (including the associated opening mechanisms) to other critical components such as gearless drives, slings, safety gears and cars.
 
The Wittur Group has a work force of around 5,000 employees and conducts business in more than 50 countries.
 
Media contact
Rupert Maier
rupert.maier@wittur.com