October 13, 2015

DB Schenker Rail appoints new CEO

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Dr Jürgen Wilder will become CEO of DB Schenker Rail on December 1. Dr Jürgen Wilder will become CEO of DB Schenker Rail on December 1. Werner Gabriel, DB

THE supervisory board of DB Schenker Rail, Europe's largest railfreight operator employing 31,000 people in 15 countries, has confirmed the appointment of Dr Jürgen Wilder from Siemens as its new CEO with effect from December 1.

Wilder will succeed Dr Alexander Hedderich who left DB on August 31 in the wake of management restructuring following an 18.2% drop in Ebit for the first half of 2015, and a 39% fall in after-tax profit. Hedderich had been with DB for 16 years, six of which he served as head of DB Schenker Rail.

Wilder is currently CEO of Siemens's high-speed and commuter rail business unit. After studying physics in Göttingen, Wilder received a doctorate from the Max Planck Institute in Mainz and then worked at Harvard University in Cambridge, Massachusetts.

"Jürgen Wilder is an internationally-recognised rail expert and we are pleased that he will bring DB Schenker Rail and its European network back on track to success over the next few years," says Mr Berthold Huber, member of DB's management board for traffic and transport.

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