Martin Repschlaeger new member of the Stiebel Eltron Management Board

Detlef Neuhaus was appointed Managing Director of the Stiebel Eltron Group on January 1, 2025. With his extensive operational restructuring experience, he supported Stiebel Eltron in the cost-cutting programs that became necessary as a result of the sales collapse in 2024. He has accompanied the adjustment of the corporate strategy and the securing of corporate financing. After these tasks were completed in the first half of 2025, Detlef Neuhaus asked the Supervisory Board to terminate his contract for personal reasons with effect from 15 July 2025. The Supervisory Board regrets and respects Detlef Neuhaus' decision. The Supervisory Board, shareholders and the Stiebel Eltron management would like to thank Detlef Neuhaus for his contribution as Managing Director during a difficult phase for the company and for his previous five years on the Supervisory Board and wish him all the best for his future. As Managing Director, Detlef Neuhaus has provided important impetus for energy management and the systematic further development of sales as well as for addressing new customer groups.

At the same time, the Supervisory Board has appointed Martin Repschlaeger as Managing Director. The 58-year-old has been with Stiebel Eltron since 2002 in various roles in the finance department, most recently as Head of Finance with responsibility for accounting, controlling and taxes. In addition to the CEO, Dr. Kai Schiefelbein, and the CSO/CMO, Heinz-Werner Schmidt, Martin Repschlaeger will act as Managing Director Finance (CFO).