Vossloh CEO Oliver Schuster's Contract Extended Until 2030

Vossloh AG has announced the extension of Oliver Schuster's contract as CEO until February 28, 2030. Schuster, who has been with the company since 2014 and CEO since 2019, is recognized for steering Vossloh to become a global leader in the rail infrastructure sector. Throughout his tenure, Schuster has significantly impacted the company's growth and profitability, outperforming market averages.

Under Schuster's leadership, Vossloh has evolved into an innovative provider of rail track products and services, including developing extensive digital capabilities and pioneering business models. The Supervisory Board of Vossloh AG commends Schuster for effectively navigating the company through global crises and fortifying its market position.

Expressing gratitude for the renewed trust, Schuster is excited about continuing his efforts with the Vossloh team. He emphasizes the company's focus on sustainable mobility, highlighting the increasing need for transport capacity due to global population growth, globalization, and urbanization. With a commitment to climate protection, Vossloh aims to contribute to sustainable global mobility.