Knorr-Bremse AG extends Mr. Bernd Spies Executive Board Contract by Five Years

Munich, Germany - The Supervisory Board of Knorr-Bremse AG., a German manufacturer of braking systems for rail and commercial vehicles, has unanimously extended Mr. Bernd Spies contract as a Member of the Executive Board for five more years, starting in March 2025. Spies joined the Executive Board in 2022 and oversees the Commercial Vehicle Systems division globally.

Dr. Reinhard Ploss, Chair of the Supervisory Board of Knorr-Bremse AG, said “During his time in office, Bernd Spies has very successfully developed Knorr-Bremse’s global commercial vehicle business thanks to his exceptional strategic vision and outstanding relationships with customers. At a time of profound transformation in the commercial vehicle industry, characterized by enormous challenges worldwide, Bernd Spies has put the Commercial Vehicle Systems division in an excellent position for future success. We look forward to continuing our work together and building on his many years of international experience and expertise going forward.”

Mr. Marc Llistosella, CEO of Knorr-Bremse AG, said, “By extending Bernd Spies’s contract, the Supervisory Board of Knorr-Bremse AG has prioritized the continuity of the Executive Board team. Bernd Spies has already made a major contribution to the successful development of our company and of the Commercial Vehicle Systems division. The entire Executive Board is delighted that Bernd Spies will continue his work as a trusted member of our team.”

Mr. Bernd Spies, Member of the Executive Board of Knorr-Bremse AG, said, “I would like to thank Knorr-Bremse’s Supervisory Board for their confidence in me, and look forward to working together with the Executive Board team and indeed, the entire Knorr-Bremse team, as we continue our successful efforts to build our company’s long-term future.”