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The engine company. DEUTZ®


A strong team for DEUTZ

The shared objective of the members of the DEUTZ Board of Management is to successfully lead the Company into a carbon-neutral future. Alongside Chief Executive Officer Dr. Sebastian C. Schulte and Dr. Ing. Markus Müller, the Board of Management member with responsibility for technology and sales, the four-person team also includes Dr. Ing. Petra Mayer, who took charge of production and purchasing in November, and Timo Krutoff, who will become Chief Financial Officer and Labor Director in December.


Dr. Petra Mayer is contributing her strengths to the DEUTZ Board of Management as Chief Operating Officer (COO). After gaining a doctorate in process technology, Mayer began her engineering career at start-up Lundin Filter. In 2000, she switched to the automotive industry. Before joining DEUTZ, she was the Senior Vice President responsible for the Seat Belt Systems product line at ZF Friedrichshafen AG.


As Chief Financial Officer (CFO), Timo Krutoff will be responsible for finance, human resources, and information services. The 44-year-old business graduate moves to the DEUTZ Board of Management from thyssenkrupp AG, where he has held various management roles, most recently as CEO and CFO for the Bilstein subsidiary.

Business Figures Q1-Q3/2022



Welcome, career starters!

Apprenticeships have a long tradition at DEUTZ. For more than a century now, the Company has been giving new recruits the best possible start to their career. This year, it was the turn of three young women and 27 young men to begin their vocational training at the DEUTZ sites in Cologne, Ulm, and Herschbach. And the DEUTZ Factory for Talents, in cooperation with its partners, will offer career prospects to another 16 apprentices via a modular or full apprenticeship. As in previous years, the DEUTZ apprentices in their second year organized the Welcome Days in Cologne for the new arrivals. The event provided them with comprehensive information about their first employer as well as an opportunity to network.



A festival for DEUTZers

DEUTZ hosted a family festival for its employees in late summer under the banner “Mer stonn zesamme”, which is Cologne dialect for “We stand together”. To thank them for their hard work, all DEUTZ employees and their families were invited to celebrate together at the factory site in Cologne-Porz. Around 4,000 people enjoyed a varied program of entertainment, with not even the occasional rain shower able to dampen the mood.

There was lots to see and do, from tours of DEUTZ’s Technikum engine museum and a visit to the assembly hall to fun activities for kids. Then, after a grilled bratwurst and a refreshing drink, the DEUTZers were ready for the highlight of the event – a private concert by Cologne band Kasalla, known for singing in the local dialect. One of the band’s hits, and the song that brought the day to a close, perfectly captured the DEUTZ philosophy: “Mer sin eins!” – “We are one!”



>  CEO Dr. Sebastian C. Schulte (right) welcomed participants at the family festival alongside Dr. Ing. Markus Müller (2nd from right)…




>  …and insisted on personally serving food and drinks to the DEUTZers together with other senior managers.