Bosch Group Leadership Change: Hartung Steps Down After Eight Months, Fischer Appointed New Chairman

[Personnel Change] Stefan Hartung, Chairman of the Bosch Group Board of Management, stepped down ahead of schedule, succeeded by Christian Fischer.

Core Development: Five-Year Term Ended After Just Eight Months

Stefan Hartung signed a five-year contract extension in October 2025, originally set to serve until 2031, but voluntarily resigned on June 30, 2026, to pursue philanthropy and entrepreneurial ventures.

Key Figures: Performance Pressure Behind the Leadership Shift

During Hartung's tenure, Bosch reported revenue of €88.2 billion in 2022, rising to €91.6 billion in 2023, with EBIT margin increasing from 4.3% to 5.3%; however, since 2024, slowing EV markets in Europe and North America have placed growth pressure on the group.

Strategic Continuity: New Chairman to Maintain Existing Course

Incoming Chairman Christian Fischer will work alongside two newly appointed Deputy Chairmen—CFO Markus Forschner and Smart Mobility Solutions head Markus Heyn—to continue executing the current strategy and uphold the EBIT target range of 4%–6%.