SWITZERLAND – Endress+Hauser, a Swiss-based globally operating process and laboratory instrumentation and automation supplier, has announced the appointment of Dr. Peter Selders as the new CEO of the company.
Selders takes over from Matthias Altendorf, who after leading the company from the top position for 10 years, will be moving on to its supervisory board.
Altendorf will be replacing the 75-year-old Klaus Endress as President of the supervisory board. In 2014, he became the first non-family CEO, taking over from Endress.
Selders holds a doctorate in physics and 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 the fourth CEO in the family-owned company’s 70-year history.
According to a company press statement, in future, two members of the third generation will represent the interests of the shareholder family.
In addition to Sandra Genge, Steven Endress, a grandson of the company founder, joined the board on Jan. 1, 2024.
Peter Selders has been succeeded at Endress+Hauser Level and Pressure by Dr Dirk Mörmann (50), who was previously head of technology and a member of the management board.