Endress+Hauser names new CEO

Endress+Hauser has announced that Dr. Peter Selders has taken over as CEO of the Swiss-based global specialist for measurement technology and automation solutions. The 54-year-old Selders holds a doctorate in physics, has been with the company since 2004 and was previously managing director of the competence centre for level and pressure measurement technology based in Maulburg, Germany. He is only the fourth CEO in the family-owned company’s 70-year history. His predecessor, Matthias Altendorf (56), is moving to the Supervisory Board after 10 years at the helm. In 2014, he became the first non-family CEO, succeeding Dr. Klaus Endress. He is now replacing the 75-year-old Endress as president of the Supervisory Board. Peter Selders has been succeeded at Endress+Hauser Level+Pressure by Dr Dirk Mörmann (50), who was previously head of technology and a member of the management board.

 Source: Endress+Hauser.