Martin-Devid Herrenknecht joins Board of Management

The appointment takes effect from August 1. He will initially be responsible for the sustainable growth of the Business Area Mining and be actively involved in the company’s generational transition.

An engineer, Herrenknecht is the son of the company’s founder and CEO, Martin Herrenknecht, who celebrated his 80^th birthday in June. He established Herrenknecht GmbH in 1977.

Martin Herrenknecht said the appointment completed an important step for the company’s future.

“With Martin-Devid, we are gaining a young engineer and representative of our family with the highest integrity. Within the company he enjoys wide acceptance and is held in high regard. With the Business Area Mining he has already shown how, with cutting-edge technological innovations, we can enter into valuable long-term partnerships with highly professional players. When it comes to the extraction of rare raw materials underground, sustainable solutions with maximum safety are more important than ever,” he said.

Before joining Herrenknecht in 2014, Martin-Devid Herrenknecht studied mechanical and civil engineering at the Technical University of Munich, the University of Munich and the Federal Center for Technological Education (CEFT, Rio de Janeiro, Brazil). Since 2016 he has been vice-chairman of the Board of Trustees of the family foundation established by his father. He has been general manager of the Business Area Mining since the 2019 financial year.