Tuesday, January 31, 2017

LEICA CAMERA AG LOOKING FOR NEW CEO






Changes at Leica are on the horizon.  The WETZLARER NEUE ZEITING reports that Oliver Kalter, CEO of Leica, has decided to leave the company effective August 31, 2017, “based on other plans that he would like to pursue.”  It had become obvious that the supervisory board was dissatisfied with Kaltner’s leadership.  . He had run the relatively small camera manufacturer like a large corporation.


There is no official word from Leica as of yet.  They plan to comment on the succession at a later date.  According to information provided by the German Press Agency, the present Supervisory Board Chairman Andreas Kaufmann is to take over the presidency of the Board of Managing Directors.


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