Schramberg-based screw manufacturer, HECO, has appointed Achim Carstanjen to the role of Managing Director, effective from 1st July.
Carstanjen will be taking over responsibility for the role from Guido Hettich who plans to gradually reduce his working hours and dedicate himself to select projects in coming months.
According to the firm, this personnel change finalises the succession plan in the HECO management team and safeguards the future long-term viability of the company.
Hettich explained: "Through our succession plan, we ensure that the values of our family business are maintained even after my brother Stefan and I retire. For this reason, we have identified and chosen a suitable and experienced successor.
"We are convinced that Achim Carstanjen will excel at steering the company and developing very well in close cooperation with our Swiss partner SFS."
Hettich joined the family business in 2006 as the second Managing Director and led the company together with his brother Stefan, who switched from the management board to the advisory board in 2018.
Carstanjen has many years experience in managing medium-sized companies in the automotive and construction supply industries. He said: "Product quality and business ethics are paramount at HECO, the innovation leader in the fastening industry.
"I am committed to ensuring that this culture continues to be fostered and strengthened as a basis for healthy business growth."
Hettich will still remain responsible for important projects and the production site in Romania until the end of 2020 and will then join the advisory board as the second representative of the Hettich family shareholders.