Thursday, December 11, 2014

BWI: Michael Rauterkus is The New CEO of Grohe AG

 
Source : Grohe India Pvt. Ltd. (GIPL)
Thursday, December 11, 2014 6:04PM IST (12:34PM GMT)
 
Michael Rauterkus is The New CEO of Grohe AG
 
Düsseldorf, Germany

Michael Rauterkus (47) has been appointed by the Supervisory Board of Grohe AG to the position of CEO with effect from 1 January 2015. The announcement was made following the last Supervisory Board meeting. Rauterkus takes over this function from David J. Haines, Chairman and CEO of the GROHE Group S.à r.l. and Chairman of the Supervisory Board of Grohe AG.
 
Michael Rauterkus has served as Chief Sales Officer of Grohe AG since October 2011, and has been responsible for the regions EMEA (Europe, the Middle East and Africa) as well as North and South America. He also has held the position of Managing Director of Grohe Deutschland Vertriebs GmbH since 2006. Ever since, he was also in charge of the Central Europe sales region, and from 2009 of the entire Europe sales region.
 
Since joining GROHE, Michael Rauterkus has focused particularly on professionalising sales and has been instrumental in promoting the company’s positive performance. Alongside his position as CEO of Grohe AG, he will from April 2015 also serve as Regional CEO in the new LIXIL Water Technology Group business unit, where he will be responsible for the EMEA region and for the GROHE brand globally.
 
About the GROHE Group
 
The GROHE Group comprises Grohe AG, Hemer; Joyou AG, Hamburg and other GROHE subsidiaries in foreign markets. The GROHE Group is the world’s leading provider of sanitary fittings.

With its global GROHE brand, the GROHE Group relies on its brand values of quality, technology, design and responsibility to deliver “Pure Freude an Wasser”. With the JOYOU brand, the Group covers the fast-growing Chinese market.

Spearheaded by GROHE Group S.à r.l., Luxembourg, the GROHE Group has a global workforce of around 9,300 people (including some 3,500 at JOYOU). There are about 2,400 employees working at GROHE in Germany. With three production plants in Germany as well as several plants in other markets, the GROHE Group generated consolidated sales of €1.45 billion in 2013.

The GROHE Group, which was taken over by the LIXIL Group and the Development Bank of Japan in January 2014, currently generates some 85 percent of its sales outside Germany.

The LIXIL Group is the global leader in the building materials and housing equipment industries. Effective 1 April 2015 (pending relevant regulatory approvals and internal corporate procedures), the global sanitary ware business of LIXIL Group will be integrated into the new LIXIL Water Technology Group (LWTG) business unit. The GROHE, American Standard, JOYOU and LIXIL/INAX brands will remain independent within LWTG. 

 
Media Contact Details

Mr. Anand Singh, Grohe India Pvt. Ltd. (GIPL), ,+91-9899204037

 

KEYWORDS: Business/ Finance:Accounting & management, Advertising, PR & marketing, Business Services, Household & Personal Care Products & Services, Retailers;General:Human Resources & Consultancy services

 

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