BDR Thermea Group, an international heating products group headquartered in Apeldoorn, the Netherlands, today announced that its Chief Executive Officer Rob van Banning will step down from that role by January 1st 2017 for health reasons.
Mr. Van Banning has been CEO since 2006. One of his major achievements was the acquisition of the Baxi Group in 2009. The combination of Remeha (Netherlands), De Dietrich (France) with Baxi (UK) then created BDR Thermea Group, for many years a European top player in the heating industry with a turnover of about € 1.7 billion.
“We regret to see Rob van Banning go”, commented Arthur van der Poel, Chairman of the Supervisory Board. “Rob has played an invaluable role in the successful expansion of our company. We have enjoyed his strategic views and straight leadership style. He gained high respect within the company and the industry. We thank him for his great contribution over a full decade”.
Information about Mr. Banning’s succession will follow in due course. In the interim period Chief Financial Officer Hubert Schwein operates as acting CEO.
About BDR Thermea Group:
BDR Thermea Group is a leading manufacturer and distributor of innovative heating and hot water systems and services for domestic as well as commercial use. The company employs more than 6,500 people and has a turnover of €1.7 billion. The group operates in more than 70 markets worldwide and has a top market position in numerous key markets, including the UK, France, Germany, Spain, the Netherlands, Italy, Turkey and North America. Also, it has strong positions in the rapidly growing markets of Eastern Europe, Poland, Czech Republic, Russia, and China. BDR Thermea Group is the parent company of renowned international heating brands, including De Dietrich, Baxi, Remeha, Brötje, Chappée and Baymak. BDR Thermea Group is headquartered in Apeldoorn, The Netherlands. For more information visit http://www.bdrthermea.com.