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Ebusco appoints a new CEO in the Management Board

Mr. Christian Schreyer as the new CEO, He will lead the company’s turnaround efforts, with an EGM planned to formalize his role.

Date: September 3, 2024

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Ebusco appoints a new CEO in the Management Board

Deurne, Netherlands- Ebusco Holding N.V., a motor vehicle manufacturer, has appointed Mr. Christian Schreyer as the new CEO, Founder Mr. Peter Bijvelds and Mr. Michiel Peters will step down as Co-CEO’s on 2 September.

Ebusco's Supervisory Board and Co-CEO Peter Bijvelds have agreed on a leadership transition. Both Bijvelds and Co-CEO Michiel Peters will step down, with Peters having led the Executive Team since June and defined a turnaround plan. Christian Schreyer, with over 25 years of experience in public transport and logistics, will become CEO on September 2nd. An EGM will be held to formalize his appointment and present the turnaround plans. Additionally, Ruud Spoor and Saskia Schatteman will step down from the Supervisory Board due to health and personal reasons. The company thanks them for their service.

Mr. Peter Bijvelds, Founder, said, “From 2010 onwards, my focus has been on establishing and further developing Ebusco. While the idea of making cities cleaner with zero emission buses once seemed ambitious, it has now proven to be the future. With the support of a dedicated team, I have built this organisation from the ground up and established Ebusco as an industry pioneer. Over the past decade, I’ve poured my energy into this mission, finding joy and satisfaction in seeing our products succeed and even outperform market standards in terms of energy efficiency. As Ebusco enters a new phase, it is time for me to hand over the CEO position to Christian whom I trust that under his leadership, the management will take the necessary steps to achieve the further execution of the turnaround.”

Mr. Michiel Peters, said, “It has been a privilege to work with Peter, the Executive Team and other Ebusco colleagues. The superior product and bright people of Ebusco are a strong foundation for long term success. I believe that with the recent additions and the arrival of Christian Schreyer the Executive Team of Ebusco is strong and well positioned to deliver the required operational turnaround and further develop customer relations. I will therefore step back but will remain a supporter of the Ebusco team.”

Mr. Derk Haank, Chairman of the Supervisory Board of Ebusco, said, “We extend our gratitude to Peter for his tireless commitment and dedication. We thank Michiel Peters for his leadership over the past period to chair the Executive Team while shaping the Turnaround Plan, preparing the organisation for the next phase, and supporting Christian Schreyer while on-boarding. To conclude, but by no means less important we thank Ruud Spoor for his dedication both before and after the listing of Ebusco as well Saskia Schatteman for the constructive cooperation over the past years”

About Ebusco:

Ebusco is dedicated to the development, production and distribution of fully electric city and regional buses and the associated ecosystem. Our goal is to contribute to a better and healthier living environment by making sustainable, emission-free transport of people the standard. Ebusco is originally a Dutch company, with its head office in Deurne. Together we work on creating clean cities.

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