Cem Peksaglam has informed Wacker Neuson
that, following the successful realignment of the group's strategy, he does not intend to renew his contract as he has decided to pursue new endeavours. Peksaglam's six-year contract will expire in August 2017.
Alongside his tasks as CEO, Peksaglam was responsible for strategy, mergers and acquisitions, human resources, legal, compliance, real estate, investor relations, corporate communication and sustainability. In addition to that, he was also responsible for the sales, service, logistics and marketing activities of the Wacker Neuson Group for several years until the executive board was extended by the position of Chief Sales Officer.
The company will announce a successor in due course.
Houston, TX, United States
has announced that David O. Turner has resigned as a member of the executive board of Pon Holdings to take an ownership and shareholder position in Equipment Depot. Turner will continue to serve as president and CEO, while Pon Holdings will maintain a majority stake.
After completing an extensive rebranding initiative last year, Equipment Depot is entering another exciting phase in its growth strategy. As the primary shareholder, Turner will be able to devote his full attention to Equipment Depot's strategy for optimised growth and guide the company toward its full potential.