New CEO at Duravit

German bathroom giant Duravit has unveiled its new CEO, who officially takes over the job today (July 1).

Stephan Tahy (pictured), the former CEO of De Longhi, succeeds Prof. Frank Richter who has been CEO since 2012.

As well as heading up De’Longhi, Tahy has also been  vice president and general manager at Mattel Inc.

The father of two was born in Heidelberg, where he studied mathematics, and holds an MBA from the University of Mannheim.

“I am pleased at the confidence that has been placed in me to drive the fantastic work of this innovative company forward and to be working with all Duravit employees to shape our common future,” Tahy said.

Gregor Greinert, chairman of the supervisory board of Duravit AG, said: “We are delighted with the appointment of Stephan Tahy, who is a dedicated, high-calibre successor to Prof. Frank Richter, and who will continue to advance Duravit’s highly successful development. We are really looking forward to working with him.

“We would like to thank Frank Richter for his outstanding contribution over many successful years.”

Duravit was founded in 1817 in Hornberg in the Black Forest, and is now active in more than 130 countries.

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