TRUMPF Inc. Names President and CEO
Lutz Labisch will become president and CEO of TRUMPF Inc., the North American subsidiary of TRUMPF GmbH + Co. KG, effective March 1. Labisch will be responsible for production, sales, and service of TRUMPF’s machine tool and laser technology portfolio in North America, as well as for the strategy and business operations at TRUMPF subsidiaries in the U.S. He will also oversee TRUMPF operations in Mexico, Canada, and Brazil.
“Lutz Labisch is, strategically, an exceptionally adept manager who has proven his great expertise in previous management functions in the finance department of the holding company in Germany and at TRUMPF’s North American subsidiary,” said TRUMPF Group CEO Nicola Leibinger-Kammüeller. “He also possesses the key cultural skills and knows the market in North America as well as in Europe and Germany. I wish him every success for the great tasks that lie ahead!"
Lutz Labisch. Courtesy of TRUMPF.
Labisch brings nearly 20 years of experience in the machine tool industry. He has held various finance and management positions in his career and his six-year tenure with TRUMPF. The company cited his efforts that helped the company rebuild Conn. production facilities damaged by an airplane crash last year.
“I am excited to further grow TRUMPF’s customer relationships in North America,” Labisch said. “Our mission is to enable customers to create exceptional products by offering outstanding laser and production solutions. We provide both market leading technology and customer service to a broad variety of customers and industries. Whether our customers are small family-owned job shops or multinational companies, we are dedicated to serving them all with a wide product portfolio ranging from affordable entry-level machines to fully integrated and automated Smart Factory solutions.”
Labisch will take over responsibility from Peter Hoecklin, who is leaving the TRUMPF Group after more than 18 years with the company.
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