Baden-Württemberg: Reinhold Würth regulates his successor in the group

Künzelsau (dpa / lsw) - The entrepreneur and billionaire Reinhold Würth has set the course in the foundation supervisory board of the retail group.

Baden-Württemberg: Reinhold Würth regulates his successor in the group

Künzelsau (dpa / lsw) - The entrepreneur and billionaire Reinhold Würth has set the course in the foundation supervisory board of the retail group. His successor as chairman of the most important body of the Würth Group will be his grandson Benjamin Würth (41), as the 87-year-old told the "Heilbronner Voice" (Saturday). The son of daughter Marion Würth has been a member of the supervisory board of the foundation since 2019.

Benjamin Würth's brother Sebastian, who already has a seat on the Advisory Board of the Würth Group, is intended to succeed the current Advisory Board Chair Bettina Würth.

For the time being, however, nothing will change, explained Reinhold Würth to the "Heilbronner Voice". He is still working to give his grandchildren some time to "interlink and interweave even more with the other colleagues in management."

Würth is worried about the economic development in Germany. "I am very concerned that we will have a full-fledged economic crisis from the fourth quarter," he explained in an interview with the "Heilbronner Voice".

The business of his own company is still running "like clockwork". He continues to hope for record sales and profits for the Würth Group this year. But he also thinks it's possible that the world market leader for fastening technology "is in the red for the first time in its 76-year history".