Hubertus Michael Mühlhäuser (born October 7, 1969, in Erbach, Germany) is a business executive. He is a former CEO of CNH Industrial and Welbilt. Previously, he held senior positions at Karl-H. Mühlhäuser GmbH, AGCO Corporation,[1] and Arthur D. Little.[2][3]

Early life and education

Mühlhäuser was born in Erbach im Odenwald in Hesse, Germany.[4] His father, Heinz-Peter Mühlhäuser, was the head of Karl-H. Mühlhäuser GmbH, which his own grandfathers had founded.[5]

After finishing high school and his military service, Mühlhäuser studied at the EBS University of Business and Law in Germany and the European Business School London as well as the Universidad Argentina de la Empresa (UADE) and graduated with a master's degree in Business Administration from the EBS in Germany.[6]

Career

After having worked freelance for international management consulting firm Arthur D. Little in Germany,[7][8] in 1996, Mühlhäuser joined the firm as a business analyst in Zurich Switzerland.[8] In 1997, he became a global product manager for the firm's strategy development methods.[7] In 1999, he was appointed head of Swiss strategy and organization practice and became a partner of the firm.[7]

In 2000, he became global head of strategy and organization at the firm,[8] and a member of the firm's global management team.[9] In 2001, he became the managing director of Arthur D. Little Switzerland.[8] In 2004, German business magazine Wirtschaftswoche featured Mühlhäuser in its list of "35 young Germans under 35", in recognition of his rapid rise at Arthur D. Little.[10]

In 2005, Mühlhäuser joined the American agricultural machinery manufacturer AGCO Corporation, initially as senior vice president of strategy and integration,[11][12] a position he held until 2011.[12] From 2007 to 2011 he was also general manager of engines,[12] and was general manager of Eastern Europe/Asia from 2009 to 2011.[12] In 2012, he became head of Europe, Middle East, and Africa, comprising AGCO's largest business region.[12] He led AGCO's growth in China, where several plants were opened,[11] as well as its growth strategy in Africa, and participated in the G8 summit of 2012 on Africa, presenting AGCO's vision for Africa.[13] Mühlhäuser left AGCO in September 2012.[14]

In 2013, Mühlhäuser returned to Hesse, Germany, to manage the family company, Karl-H. Mühlhäuser GmbH, an international tunneling equipment supplier; he acquired majority shareholdings and became managing partner.[15] He reorganized, expanded with small acquisitions, and moved the group's holding company headquarters to Switzerland.[16][17] He retired as managing director in 2015, remaining as majority stakeholder.[18] In 2020, the company was sold to Mining Equipment Ltd.[19]

In August 2015, Mühlhäuser was appointed president, CEO, and a director of Manitowoc Foodservice, a commercial foodservice equipment manufacturing division of The Manitowoc Company, a publicly traded American international company.[20][21] He built an executive team,[22] reorganized the company's management team, and appointed a separate supervisory board.[22] He next led Manitowoc Foodservice through its previously planned separation from The Manitowoc Company.[23][24] The Manitowoc Foodservice division, and its more than 20 facilities worldwide, was spun off as an independent, publicly traded company in March 2016,[25] with its headquarters located in Florida.[26] Mühlhäuser also led the changing of the newly separated company's name to its original one, Welbilt,[27][28] in February 2017,[25][26] and its stock ticker changed to WBT in March 2017.[25]

At Welbilt, Mühlhäuser simplified product lines,[29] reducing the number of its global brands from 25 to 12.[30] He restructured the company and closed several manufacturing plants.[29] He also promoted the increase of digital connectedness between automated appliances, to increase efficiency of foodservice systems.[31]

In August 2018, Mühlhäuser was appointed chief executive officer at heavy equipment manufacturer CNH Industrial, effective September 17, 2018,[22][31] and relocated to the Chicago area, near the company's U.S. offices.[32] In November 2018, he was elected an executive director of the company.[33] In early 2019, he assembled a new management team and re-organized the company's five global operating segments.[34] He also directed the company toward alternative propulsion and high-tech innovations.[34][35][36]

In September 2019, Mühlhäuser initiated a five-year business plan, which included splitting off CNH's on-highway business (commercial trucks and buses and powertrain) into a separately listed entity from its off-highway business (agriculture, construction, and specialty equipment).[37] In March 2020, he resigned from CNH Industrial, pursuing other interests;[19][38] the company confirmed commitment to his five-year plan, and the separation of its off-road and on-road divisions.[19][38][37]

Personal life

Mühlhäuser is married to Sabine and they live with their three children in the Tampa Bay Area of Florida, United States.[39]

References

  1. ↑ "AGCO: Challenger, Fendt, GSI, Massey Ferguson, Valtra Farm Equipment". AGCO: Challenger, Fendt, GSI, Massey Ferguson, Valtra Farm Equipment. Retrieved 2017-04-11.
  2. ↑ "MTW Company Profile & Executives - Manitowoc Co. - Wall Street Journal". quotes.wsj.com. Retrieved 2017-04-11.
  3. ↑ "Curriculum Vitae of Hubertus Mühlhäuser" (PDF). cnhindustrial.com. Retrieved 2019-05-07.
  4. ↑ "SHARE PURCHASE AGREEMENT". sec.gov. Retrieved 2020-11-27.
  5. ↑ "Heinz-Peter Mühlhäuser". khmtunnel.com. Retrieved 2017-04-11.
  6. ↑ 4-traders. "Hubertus M. Mühlhäuser, MBA - Biography". www.4-traders.com. Retrieved 2017-04-11.{{cite web}}: CS1 maint: numeric names: authors list (link)
  7. 1 2 3 "Prism" (PDF). www.adlittle.com (in Italian). Retrieved 2020-11-24.
  8. 1 2 3 4 "Former Arthur D. Little senior partner named CEO of CNH Industrial". consulting.us. Retrieved 2020-11-24.
  9. ↑ "Prism" (PDF). www.adlittle.com. Retrieved 2020-11-27.
  10. ↑ "CONTRIBUTOR Hubertus Muehlhaeuser". HuffPost. Retrieved 2020-11-27.
  11. 1 2 AGCO. "AGCO Announces Senior Vice President of Strategy & Integration as an Addition to the Senior Management Team". AGCO. Retrieved 2017-04-11.
  12. 1 2 3 4 5 AGCO. "AGCO trennt sich von Mühlhäuser". wochenblatt.com (in German). Retrieved 2020-11-24.
  13. ↑ "AGCO Breaks Ground for New Warehouse in Johannesburg - Global Atlanta". Global Atlanta. 2012-05-17. Retrieved 2017-04-11.
  14. ↑ "AGCO Divisions Announce Management Changes". globalatlantic.com. Retrieved 2020-11-30.
  15. ↑ "History". kmhtunnel.com. Archived from the original on 2015-12-06.
  16. ↑ "Frischer Wind beflügelt Tunnelbauer" (in German). Retrieved 2020-11-27.
  17. ↑ "Mühlhäuser acquires Obermann Systems: "Two leaders in underground equipment team up"". www.businesswire.com. 2015-02-09. Retrieved 2017-04-11.
  18. ↑ "Curriculum Vitae of Hubertus Mühlhäuser" (PDF). cnhindustrial.com. Retrieved 2019-05-07.
  19. 1 2 3 "Mühlhäuser asset buyouts". tunneltalk.com. Retrieved 2020-11-30.
  20. ↑ "Hot and Cold". businessobserver.com. Retrieved 2020-12-01.
  21. ↑ "Offensive über den Fachhandel". gastrospiegel.de (in German). Retrieved 2020-12-01.
  22. 1 2 3 "Welbilt CEO resigns, takes top job at CNH Industrial". Business Journals. Retrieved 2020-12-01.
  23. ↑ "Manitowoc Foodservice, one of Tampa Bay's largest public companies, changes name to Welbilt". Tampa Bay Times. Retrieved 2020-12-01.
  24. ↑ "Manitowoc Company Announces The Next Phase Of Its Global Foodservice Manufacturing Strategy". ccolingpost.com. Retrieved 2020-12-01.
  25. 1 2 3 "What the name change at Pasco's biggest company means for its restaurant customers". Business Journals. Retrieved 2020-12-01.
  26. 1 2 "Name change, new ticker symbol for one of Tampa Bay's largest public companies". Business Journals. Retrieved 2020-12-01.
  27. ↑ "It's Official: Manitowoc Is Now Welbilt". fermag.com. Retrieved 2020-11-24.
  28. ↑ "Manitowoc changes name to Welbilt". coolingpost.com. Retrieved 2020-11-24.
  29. 1 2 "Here's what the next generation of the fast-food industry looks like to this Tampa Bay CEO". Business Journals. Retrieved 2020-12-01.
  30. ↑ "CNH Industrial names Welbilt boss as its new chief executive". Reuters. Retrieved 2020-12-01.
  31. 1 2 "CNH INDUSTRIAL ANNOUNCES APPOINTMENT OF NEW CHIEF EXECUTIVE OFFICER". cnhindustrialcapital.com.au. Retrieved 2020-12-01.
  32. ↑ "CNH Industrial launches new organizational structure to accelerate global growth and profitability". Thomas Reuters (in German). Benzinga. Retrieved 2020-12-02.
  33. ↑ "HUBERTUS MÜHLHÄUSER WIL CNH INDUSTRIAL OPSPLITSEN IN ON-ROAD EN LANDBOUW". tractorpower.eu (in German). Retrieved 2020-12-02.
  34. 1 2 "Industrial giant CNH is gearing up for life after diesel, and electric vehicles are not included". Business Journals=2020-12-02.
  35. ↑ "The Thrilling And Commercially Exciting Things Happening In Agriculture: Hubertus Mühlhäuser". Forbes. Retrieved 2020-12-02.
  36. ↑ "Truckmaker CNH hopes splitting business will drive consolidation". Financial Times. Retrieved 2020-12-02.
  37. 1 2 "CNH Industrial replaces CEO, sticks with spinoff plan". AGcanada.com. Retrieved 2020-12-01.
  38. 1 2 "CNH Industrial names Chair Suzanne Heywood as Acting Chief Executive Officer" (PDF).
  39. ↑ "Hubertus M. Mühlhäuser Mühlhäuser Tunnelling". khmtunnel.com. Retrieved 2017-04-11.
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