Bosch Rexroth announces departure of president

Gregory Gumbs Gregory Gumbs will leave his role as Bosch Rexroth president and CEO effective July 1. (Photo: Bosch Rexroth)

Bosch Rexroth announced that Gregory Gumbs, president and CEO, will be leaving the company effective July 1, 2023. A replacement has not yet been named. During the interim, Reinhard Schaefer, current Executive Board Member, will join the North American board to support the transition and aid in identifying the company’s next regional CEO.

Gumbs joined Bosch Rexroth in late 2020. During his tenure, he successfully led the increased growth of the North American region to record achievements, improved competitiveness and established a strong customer-focused and people culture, the company noted.

Gumbs said his decision to leave the company was not taken lightly. “I have great respect for the leadership team, our associates and channel partners across North America. I am very confident in the strategy and in our talented team which will ensure continued success and positive outcomes for our customers and the business,” he stated. “It has truly been an honor and privilege for me to serve and lead this team.”

Dr. Steffen Haack, CEO of Bosch Rexroth AG, thanked Gumbs for his leadership in the region, adding, “The North American region is of critical importance, and the leadership team in the region has a strong foundation to continue the significant growth path we are on.”

POWER SOURCING GUIDE

The trusted reference and buyer’s guide for 83 years

The original “desktop search engine,” guiding nearly 10,000 users in more than 90 countries it is the primary reference for specifications and details on all the components that go into engine systems.

Visit Now

STAY CONNECTED



Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

CONNECT WITH THE TEAM
Becky Schultz Vice President of Content Tel: +1 480 408 9774 E-mail: [email protected]
Julian Buckley Editor Tel: +44 (0) 1892 784088 E-mail: [email protected]
Chad Elmore Managing Editor E-mail: [email protected]
Tony Radke Vice President of Sales Tel: +1 480 478 6302 E-mail: [email protected]
Roberta Prandi Power Progress International Brand Manager Tel: +39 334 6538183 E-mail: [email protected]