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Hermann Diebold appoints Frank Ringat as Managing Director (CEO)

on 01. September 2018, Frank Ringat joined the Diebold company as a further managing director.

Hermann Diebold celebrated his 65th birthday at the beginning of 2019. His two sons are already on the way to at a later stage manage the family business in the third generation. In order to bridge the time until the sons will join the company, Frank Ringat is in charge of the operative business. Hermann Diebold, previously the sole managing director, will continue to be active in the management and will increasingly focus on the long-term strategic orientation of the company. This includes the establishment of new business areas in order to continue the growth of the company.

Frank Ringat, who studied mechanical engineering, has been working in the industry for more than 25 years, including more than 10 years in managing positions. Hermann Diebold says that he brings a wealth of international experience to the company. The motifs for the change to Diebold were manifold, according to Frank Ringat. "Worth mentioning are the strategy of sustainable corporate development, the clean niche positioning and the high-end products with their unique selling propositions. All this combined with the short decision paths has made the commitment for Diebold easy and opens many possibilities of action".

So, the future plans for the future of Diebold are perfectly assured, in keeping with the company claim “Passion for perfection”.