Gerhard Dambach, 56, the current CEO of Robert Bosch Italy, will move to BSH as Chief Financial Officer (CFO) and Labor Relations Director of Europe’s appliance manufacturer BSH Hausgeräte GmbH, effective Sept. 1. He will succeed Johannes Närger, who retired June 30.
He will be the Board of Management member responsible for finance and the North America region. The holder of a Ph.D. in industrial engineering, he has worked for the Bosch Group since 1993, holding various managerial positions in finance and controlling. Most recently, he was the CEO of the Italian Bosch subsidiary with responsibility for the Italy and Greece regions. He is also the current president of the German-Italian Chamber of Commerce.
As a member of the BSH Board of Management, Dambach will be responsible for finance and controlling and will serve as the Group’s Labor Relations Director. His areas of responsibility will also include the BSH region of North America (U.S. and Canada). Dambach completed his study of industrial engineering at the Karlsruhe University of Applied Sciences in 1988. After that, he earned a Ph.D. there at the Faculty of Mechanical Engineering.
“Gerhard Dambach has many years of international experience within the Bosch Group and great expertise in finance and human resources. We are therefore very pleased to appoint him to the Board of Management of BSH,” said Prof. Dr. Stefan Asenkerschbaumer, chairman of BSH’s Supervisory Board, in the announcement statement. “Gerhard Dambach is a successful manager and seasoned businessman with many years of international experience and great expertise in commercial business management. I am very much looking forward to working with him on the Board of Management,” added BSH-CEO Uwe Raschke.
“Being appointed to the Board of Management of BSH is both a challenge and a motivation for me. I am very much looking forward to the exciting task of helping to guide the destiny of this extraordinary company in a market that is undergoing radical changes,” Dambach said in the announcement statement.
BSH’s portfolio comprises 13 well-known home appliance brands including Bosch and Siemens, as well as the eco-system brand Home Connect and three service brands, including Kitchen Stories.