Riese & Müller unveils new management structure
Since Riese & Müller was founded almost 30 years ago by Markus Riese and Heiko Müller, the company has grown from being a folding bike start-up to a global player in the E-Bike market with over 900 employees and a turnover of around €350 million. While Heiko Müller and Dr Sandra Wolf were primarily responsible for organisational and corporate matters, the focus of Markus Riese’s work has been on innovation and product development. In order to formally reflect these main areas of focus in future, Markus Riese will be stepping back from his executive duties and relinquished the role of CEO on 1 August 2022. In future, he will focus all his efforts on his role as a driver of innovation, a source of inspiration and a knowledge broker in the Development department.
To ensure that the shareholder structure reflects this responsibility, Dr Sandra Wolf will also take on shares in the company. “For almost 30 years, our great strength has lain in the fact that we respect each other and can be ourselves. I am delighted that, in future, all three of us will be able to focus even better on what we love doing and, as shareholders, will continue to control the future of the company”, explains Heiko Müller, founder and managing partner of Riese & Müller.
“Riese & Müller is a dynamic company in a challenging market. As members of Management, it is our responsibility to ensure that the company is well positioned to face every situation and involve many perspectives in decisions with far-reaching consequences. These structural changes will help us to take Riese & Müller into a stable and secure future”, continues Dr Sandra Wolf, Managing Partner of Riese & Müller.
The new positions and roles have been effective since 1 August 2022.