Festo announced the retirement of its North American Business Region CEO Carlos Miranda, effective April 1, and the appointment of the business region’s new CEO Dr. Wilm Uhlenbecker.
A family-owned global business with more than $3.7 billion in revenue and 20,000 employees, Festo’s global headquarters is in Esslingen, Germany, and this year celebrates its 100th anniversary. Festo has had operations in North America for more than 50 years.
Uhlenbecker began his career in 1994 as a management trainee at Robert Bosch. By 2003, he was the assistant to the Robert Bosch CEO and Chairman Supervisory Board. He has held senior leadership positions throughout his career and in 2019 was named president NA, Brose Group. He holds a PhD in mechanical engineering and an MBA degree, both earned at RWTH Aachen University, Aachen, Germany. Uhlenbecker will report directly to Thomas Böck, chairman of the board. He started at Festo on January 15 and will undergo a two-month onboarding process.
“As a family business entering its second century, everyone at Festo takes the long-term view and prizes innovation, sustainability, customer service and support of coworkers,” said Miranda. “After extensive meetings with Dr. Uhlenbecker, I know that he shares these values, which are essential for everyone taking a leadership role at Festo. I am proud to be making the announcement of his appointment and extremely proud of my 24 years at Festo.”