Riedel restructures into 3 main divisions

As part of its global growth strategy, Riedel has expanded its management structure, to now include experienced leaders from within the existing business.

Starting on Jan 1 2022, the company will be organised in three main divisions: The Product Division and Managed Technology business units will have Rik Hoerée and Lutz Rathmann as their respective new CEOs, with Riedel Networks and its managing director and CEO, Michael Martens, forming the group's third division. 

Photo Caption: (l-r) Lutz Rathmann, Rik Hoerée, Michael Martens, Thomas Riedel, Martin Berger, Frank Eischet 

With this strategic step, Riedel´s Group CEO Thomas Riedel strengthens the three business units, allowing him to devote his attention to driving business development and expanding global partnerships and networks. Together with Group chief financial officer Frank Eischet, who is responsible for finance, HR and IT, Thomas will form the spearhead of the Riedel Group. 

"The last year has given us time to take a deep breath and reflect on our setup. We realised that we would have to change some things to sustain the rapid expansion of our business," says Riedel. "These past few years, our company has seen tremendous growth, and 2021 is no exception. Now is the right time to broaden the management team to support this dynamic upswing. This reorganisation is the foundation to master current and future challenges to our business and to continue our strong organic growth." 

With three management teams and organisational units, Riedel hopes to create a dynamic and powerful corporate structure, which will allow the company to respond more effectively to customer needs as markets continue to evolve and differentiate at a rapid pace. 

Riedel Chief Sales Officer (CSO) Martin Berger has been driving this change and he will withdraw from the Riedel management board on Jan 1. 

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