BAUER AG expands Management Board with family member

In today's meeting the Management Board and Supervisory Board of the international construction and machinery manufacturing concern decided to expand the Management Board of BAUER Aktiengesellschaft. With Florian Bauer, the Management Board will be complemented by a member of the founding family as of January 1, 2018.

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Florian Bauer studied civil engineering and has worked at the company since 2011. He began working as a project engineer at BAUER Spezialtiefbau GmbH, was then responsible for several large projects in Malaysia and partly managed the subsidiary in Singapore. Florian Bauer has been a Managing Director of BAUER Spezialtiefbau GmbH since 2015 and is responsible for the Technical Division and the competence areas "Digital building", innovation as well as research and development.

Florian Bauer will take over the functions of digitalization, development coordination, training and corporate culture on the Management Board but will remain a Managing Director for BAUER Spezialtiefbau GmbH and a portion of his task areas there remain unchanged. There are no changes to the functions of the other members of the Management Board of BAUER AG.

The topic of digitalization is always growing in priority in the BAUER Group. An important driving force for digitalization in construction is for instance Building Information Modeling (BIM). This trend will also continue to grow in mechanical engineering and influence many of the business processes. In order to promote a unified strategy throughout all parts of the company, the function has now been installed at BAUER AG under Florian Bauer, who was already responsible for implementation of the concept "Digital building" in the Construction segment.

"Digitalization plays an ever more important role at Bauer, therefore it is even more important to have all Group units pull together and turn these chances into a common success," said Florian Bauer. "I am equally pleased about my appointment in the Management Board as I am about the new challenges that come with this responsible role."

"As a family company, an employee-oriented and grounded culture is important to us," said Professor Thomas Bauer, Chairman of the Management Board of BAUER AG, "Therefore it is also important to the family that they are represented in the Management Board in the long term. I am particularly pleased that my son Florian has received high recognition in the company and was recommended for this task due to his technical expertise and his positive way of leading employees."