Voith executes succession plan, names new president/CEO
As planned, Dr. Hubert Lienhard, who has been in charge since 2008, will retire in 2018 upon completion of his second term in office at the age of 67, with Stephan Schaller assuming the role in April.
Stephan Schaller
The Shareholders' Committee of Voith Management GmbH decided about the succession of Dr. Hubert Lienhard, long-standing president/CEO of the Management Board. Stephan Schaller, currently member of Voith Shareholders’ Committee and head of the global motorcycle division of BMW Group, has been appointed as successor. As planned, Lienhard, who has been in charge since 2008, will retire in 2018 upon completion of his second term in office at the age of 67. The change at the top will take place on April 1, 2018.
Schaller studied mechanical engineering at Rheinisch-Westfälische Technische Hochschule (RWTH) Aachen. From 1981 to 1999, he held management and executive positions at BMW Group.
After four years, initially as head of technical planning, then in the technical management of Linde AG's refrigeration division, Schaller joined Volkswagen AG in 2004 as head of production for the commercial vehicle division. Since 2007, he has been chairman of the board of Management of commercial vehicle brand of Volkswagen. In 2010, he became vice chairman of the executive board of Schott AG before being appointed head of the global motorcycle division of BMW Group in June 2012.
Schaller has been a member of the Shareholders' Committee of Voith since Oct. 1, 2015.
At the same time, Lienhard will be appointed to the Shareholders' Committee effective from April 1, 2018. He will take Schaller’s current seat in the committee.
More Management
FIFA World Cup Matches Are Driving Record Transit Ridership Nationwide
See how World Cup matches are generating record transit demand across North America, with ridership surpassing Super Bowls, concerts, and Olympic-era events.
Read More →
The Hidden Cost of Fuel Data Inaccuracy in Public Transit Fleets
In today's transit environment, accurate fuel and mileage data are critical to reducing costs, minimizing downtime, and improving fleet performance.
Read More →
Virginia's $28.5B Transportation Plan Targets Transit and Rail
Approved by the Commonwealth Transportation Board, the program supports ongoing infrastructure projects while providing new investments in transit, state of good repair and transportation alternatives.
Read More →
Latinos In Transit Seeks Host Organization for 2027 Leadership Summit
The selected host organization will showcase its transit system, projects, and community while welcoming hundreds of industry leaders and emerging professionals during Hispanic Heritage Month.
Read More →
Bipartisan BUSES Act Seeks Changes to New York City's Bus Idling Enforcement Program
Backed by motorcoach operators, the legislation seeks to balance emissions goals with passenger safety by allowing limited idling for inspections, accessibility needs and extreme weather conditions.
Read More →
DOT: Brightline Corridor Incidents Fall 30% Following Federal Safety Upgrades
Safety improvements funded through a $25 million federal investment are credited with reducing trespassing and train-vehicle collisions along the Brightline Florida corridor.
Read More →
D Line Expansion Fuels Growth Across LA Metro's Rail System
Weekend rail ridership was especially strong, soaring 18% as riders embraced expanded access to jobs, entertainment, dining, and cultural destinations, said the agency. Total system ridership for May, including bus and rail, was 26,966,657.
Read More →
Q4 Travel Data Reveals Drop in Vehicle Traffic to Manhattan Congestion Zone
NYMTC’s quarterly Travel Patterns Report provides a snapshot of travel activity throughout New York City, Long Island, the Lower Hudson Valley, and northern New Jersey using data collected from the agencies operating the region’s bridges, tunnels, and public transit systems.
Read More →
Southern California's Metrolink Debuts Contactless Fare Payment Pilot
Customers traveling between Redlands and Los Angeles can now tap their preferred payment method, including a credit or debit card, mobile wallet, or wearable device, at station validators before boarding and again while exiting.
Read More →
California's BART Approves FY27 Budget While Maintaining Service Levels
The budget covers July 1, 2026, through June 30, 2027, a period when pandemic emergency funds run out, the District faces a structural deficit of $375 million, and a regional transit funding measure may appear on the November ballot.
Read More →