BSH Hausgeräte announces new CFO

Gerhard Dambach will become the new CFO and Labor Relations Director of BSH Hausgeräte, as well as the Board of Management member responsible for finance and the North America region.

Mr Dambach has worked for the Bosch Group since 1993, holding various positions, including managerial positions, in finance and controlling. In his most recent post, he was the CEO of the Italian Bosch subsidiary with responsibility for the Italy and Greece regions. He is also the current President of the German-Italian Chamber of Commerce.

“Gerhard Dambach has many years of international experience within the Bosch Group and great expertise in finance and human resources,” said Prof. Dr. Stefan Asenkerschbaumer, Chairman of BSH’s Supervisory Board. “We are therefore very pleased to appoint him to the Board of Management of BSH.”

BSH CEO, Uwe Raschke, added: “Gerhard Dambach is a successful manager and seasoned businessman with many years of international experience and great expertise in commercial business management. I am very much looking forward to working with him on the Board of Management.”

As a member of the BSH Board of Management, Mr Dambach will be responsible for finance and controlling and will serve as the Group’s Labor Relations Director, beginning on 1 September 2019. His remit will also include the BSH region of North America (United States and Canada). Mr Dambach completed his study of industrial engineering at the Karlsruhe University of Applied Sciences in 1988. After that, he earned a Ph.D. there at the Faculty of Mechanical Engineering.

He commented: “Being appointed to the Board of Management of BSH is both a challenge and a motivation for me. I am very much looking forward to the exciting task of helping to guide the destiny of this extraordinary company in a market that is undergoing radical changes.”