New Leader Appointed as CEO at Engine Manufacturer MTU in September - MTU announces new leadership at its engine division, effective from 1 September.
Johannes Bussmann, an accomplished executive with a rich background in the aviation and technology sectors, is set to take the helm at MTU Aero Engines AG on September 1, 2025. Currently serving as the CEO of TÜV SÜD AG, a global technical service provider, Bussmann previously held the position of head of Lufthansa Technik AG, the maintenance, repair, and overhaul (MRO) division of Lufthansa.
The MTU Supervisory Board appointed Bussmann as the new CEO at the end of 2024, a decision that follows the announcement that the current CEO, Lars Wagner, will be moving to Airbus to lead the civil aircraft division. Bussmann's appointment to MTU's Executive Board is for a five-year term, from July 15, 2025, until July 14, 2030.
Bussmann's leadership experience spans over decades, with significant international exposure. At TÜV SÜD, he contributed to building the business in India and led the Asia Pacific region from Singapore early in his career. His transition to MTU comes at a pivotal time for the company, as it continues to thrive in a good financial position compared to many other industrial companies.
MTU, a Munich-based DAX company, has recently raised its financial forecast for the current year, reflecting its robust performance in the market. With Bussmann's expertise in aerospace engineering and his proven track record in leading large-scale businesses, he is well-positioned to guide MTU into the future, ensuring its continued success and growth.
Sources: [1] MTU Aero Engines AG - Press Release: New CEO Appointed [2] TÜV SÜD AG - Biography: Johannes Bussmann [3] Lufthansa Technik AG - Biography: Johannes Bussmann [4] Airbus - Press Release: Lars Wagner to Lead Civil Aircraft Division [5] MTU Aero Engines AG - Press Release: Financial Forecast Raised for Current Year
- With his extensive experience in the aerospace industry and vocational training background from his tenure at Lufthansa Technik AG, Bussmann may leverage these skills to implement effective vocational training programs at MTU Aero Engines AG, thereby strengthening the company's workforce.
- As MTU continues to thrive financially, the incoming CEO, Johannes Bussmann, could oversee strategic partnerships in finance and vocational training programs from various industries, potentially expanding MTU's market reach and fostering innovative products and services.
