VIRGINIA BEACH, Va.—Ingrid Jägering becomes the new Chief Financial Officer and Information Technology Officer at STIHL AG. She is the successor to Karl Angler, who at 66 will leave the company at the end of 2022 when his contract expires.
“With Ms. Jägering we have gained an excellent manager for our family company,” said chairman of the STIHL advisory and supervisory board, Dr. Nikolas Stihl, “She has proven her great financial expertise in various industries and intercultural contexts. In addition, she has extensive experience in the implementation of large transformation projects.”
“We would like to thank our previous Board Member for Finance and Information Technology for their extremely successful work at STIHL in around two decades. Our U.S. subsidiary STIHL Inc. in Virginia Beach was able to win Mr. Angler back in 2002, where he worked very successfully for 10 years as Vice President Finance in our largest foreign subsidiary. From Virginia Business Magazine, he was even voted ‘CFO of the Year’ in 2011,” says Dr. Stihl.
In May 2012, Angler took over the board department finance, controlling, information systems and service in the German head office. “With his work, Mr. Angler not only made a significant contribution to our good business development, but also ensured the very solid financial structure of the STIHL group of companies. As a board member, we owe him important strategic decisions and the far-sighted orientation of his department as well as our global IT landscape.”
Jägering will join STIHL on Jan. 1, 2023 at the latest; possibly even earlier in the course of 2022. The board department includes finance, controlling, treasury, IT and the management of corporate investments. At the recommendation of the STIHL Advisory Board, Jägering was unanimously appointed by the Supervisory Board to the Board of Management for 3 years.
Jägering was born in Südlohn in 1966 and is married. She began her career in 1986 at Siemens AG in Bocholt with an apprenticeship as an industrial clerk. Until April 2012 she worked for the German group and several of its subsidiaries and sold parts of the company in various positions in Germany and abroad. For more than 10 years she was part of the top management of the respective companies: most recently she held the position of Managing Director and Chief Financial Officer of the Wind Power division at Siemens Wind Power A / S in Denmark. She then worked for 4 years as managing director and CFO of various business units at MAN DIESEL & TURBO SE in Augsburg and Oberhausen, before becoming CFO in April 2016, Member of the management and labor director at OSRAM Opto Semiconductors GmbH in Regensburg. Ingrid Jägering has been CFO and Labor Director at the listed Leoni AG since August 2019