March 5, 2026

Honoring Tradition. Enabling New Beginnings.

In May 2025, Dr. Wilhelm Nehring (left) and Martin Walter (right) took up their positions on the Management Board at Pepperl+Fuchs. In this interview, they talk about their first few months in these roles and outline their plans for the future of the group.

Dr. Wilhelm Nehring, CEO, and Martin Walter, CFO of the Pepperl+Fuchs Group

Dr. Wilhelm Nehring, Chief Executive Officer, and Martin Walter, Chief Financial Officer, have extensive international management experience across various industries and markets. After many years of working for global companies, they took up their positions on the Management Board of Pepperl+Fuchs in May 2025. In this interview, Dr. Wilhelm Nehring and Martin Walter explain their strategic guidelines, provide insights into their first few months on the Management Board, and highlight the technological, market, and business developments that they believe will be crucial for the future direction of Pepperl+Fuchs.

Dr. Nehring, Mr. Walter, you have been CEO and CFO of the Pepperl+Fuchs Group since May of last year. What has particularly impressed or surprised you since then?

Dr. Wilhelm NehringPepperl+Fuchs is characterized by its employees' exceptional identification with the company. This commitment is a key success factor that our customers greatly appreciate.

Martin WalterI sense a great willingness and openness to question things and then work together to further develop Pepperl+Fuchs. This fits perfectly with our innovative and technologically leading company.

Pepperl+Fuchs is a company with a very long tradition. What will it stand for in the future under your leadership?

Dr. Wilhelm NehringPepperl+Fuchs is known for reliability, quality, and continuity. At the same time, the company has always been a driving force behind innovative automation—our technologies make a significant contribution to key industrial megatrends. In the future, the entire group of companies will continue to stand for reliability combined with inventive spirit and technological excellence.

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With the broad portfolio of automation and digitalization solutions, Pepperl+Fuchs holds the key technologies that are essential for industrial megatrends.

In your opinion, how can the balancing act between tradition and innovation be achieved?

Dr. Wilhelm NehringTradition and innovation are not contradictory concepts; at Pepperl+Fuchs, they go hand in hand. Our expertise is based on decades of experience and a deep understanding of the requirements of markets and customers. We listen, identify developments early on, and translate them into marketable products and solutions. For this reason, we see ourselves not only as a supplier, but also as a strategic partner that empowers its customers to successfully shape industrial transformation with innovative technologies.

A new generation also means change. What are your plans for Pepperl+Fuchs?

Martin WalterWe have taken over a company with solid foundations that can be proud of its successful past. At the same time, the world around us is changing ever more rapidly, and success must be re-earned every day. We are responding to this by creating an environment in which decisions are made more quickly, consistently aligning the organization with the market, and simplifying processes and structures in order to remain competitive.

What does that mean specifically?

Dr. Wilhelm NehringIn order to maintain technological leadership and innovative strength as an integral part of our corporate culture and to actively shape industrial transformation, our organization must also continuously evolve. In doing so, we consistently focus on the requirements of our customers. Only in this way can we fulfill our performance promise while ensuring sustainability in terms of both efficiency and financial stability. This is not about a fundamental new beginning, but rather about optimizing existing structures in such a way that ideal conditions for innovation, agility, and creativity are created.

What does this strategy mean for customers?

Dr. Wilhelm NehringPepperl+Fuchs customers can rely on us to anticipate their future requirements early on and develop innovative, practical solutions based on these requirements. Our goal is to provide them with the best possible long-term support with technologically advanced products.

Our goal is to provide our customers with the best possible long-term support with technologically advanced products.
Dr. Wilhelm Nehring, CEO of the Pepperl+Fuchs Group
Looking at the world outside Pepperl+Fuchs, these have been and continue to be challenging times in which you took up your executive board responsibilities. How are you dealing with this?

Martin WalterThe current geopolitical and economic challenges affect not only Pepperl+Fuchs, but also our competitors. It is therefore important to focus our attention and energy on positioning our company in such a way that we can respond to these external factors flexibly and effectively.

How do you assess Europe's role as an industrial location? Or to put it more bluntly: Does the EU still have a chance in the international race?

Dr. Wilhelm NehringOver the past decades, the EU has achieved a great deal of positive results, which should not be discarded even in challenging times. Instead, it is important to build on these achievements and utilize the existing potential to strengthen the EU as an attractive and competitive industrial location. For companies, this means better framework conditions, new opportunities for innovation, and long-term growth prospects.

Can you give an example of where the EU needs to take action?

Martin WalterA key issue remains the reduction of bureaucracy, which also ties up many resources in our region that could instead be channeled into the development of new technologies and business models. This puts European companies at a competitive disadvantage compared to other regions that are less heavily regulated. The point is not that regulation is fundamentally bad, but that the costs and benefits should be in reasonable proportion and that Europe should not decouple itself from the rest of the world. On the other hand, the EU could provide positive impetus by reducing intra-European trade barriers or more strongly promoting key technologies such as AI and the necessary infrastructure.

What opportunities do you see for Pepperl+Fuchs through the application and integration of AI?

Dr. Wilhelm NehringFundamentally, two different areas are relevant for Pepperl+Fuchs. On the one hand, the use of AI tools enables the optimization and automation of existing, often administrative processes. On the other hand, artificial intelligence will have a profound impact on development and manufacturing, going far beyond what today's standard platforms offer. AI models open up new possibilities, especially when analyzing large amounts of data, like that received from sensors or field devices. Intelligent systems can detect anomalies at an early stage, support predictive maintenance, and thus enable significant efficiency gains. This is a significant advance that we are actively helping to shape.

What might that look like in practice?

Dr. Wilhelm NehringIn cooperation with Bosch Digital Twin Industries, we already offer a starter kit that gives users easy access to AI-based predictive maintenance. Pepperl+Fuchs supplies the necessary hardware in the complete package to provide and process the required data. AI models and machine learning algorithms are used to analyze this data in order to derive recommendations for maintenance work. What users can test on a small scale can be scaled very flexibly and extended to entire plants, reducing downtime and allowing companies to benefit from increased efficiency.

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With the Digital Twin Starter Kit, Bosch Digital Twin Industries and Pepperl+Fuchs provide plant operators with a complete package for an easy start to AI-powered asset monitoring.

Speaking of efficiency, how important is sustainability in general at Pepperl+Fuchs under your leadership?

Dr. Wilhelm NehringSustainability is an integral part of Pepperl+Fuchs' corporate strategy and, in our view, goes far beyond simply meeting regulatory requirements. Technologies such as those offered by Pepperl+Fuchs make an essential contribution to more efficient and safer processes in industry.

Martin WalterPepperl+Fuchs has stood for sustainability long before the term became widely used. Acting responsibly and with a long-term perspective, for both the company and the environment, is part of our corporate culture and part of who we are—and that won’t change.

What is particularly important to you in your roles as CEO and CFO, and what can employees expect from you?

Dr. Wilhelm NehringMy role as CEO is to work with the executive team to define a clear strategy and provide our employees with guidance for their work—especially in times of change. For me, it is crucial to have people on the team who are committed, enthusiastic, and passionate about following this path, while always focusing on the needs of our customers.

Martin WalterViewed objectively, as CFO, it is particularly important to me that we are financially robust. This is the basis for surviving crises and investing in growth areas. Among other things, this requires a clear strategic direction, a functioning control system, and efficient processes. I am enthusiastic about shaping the path to this goal with a motivated, cross-functional team.

Finally, a personal question: Which three words would you use to describe yourself as a person?

Dr. Wilhelm NehringPassionate, technology-driven, dependable.

Martin WalterReliable, result-oriented, and curious.

Thank you!

Learn more

Dr. Wilhelm Nehring, CEO der Pepperl+Fuchs Gruppe

Dr. Wilhelm Nehring, Chief Executive Officer

Dr. Wilhelm Nehring studied management (MSc) at the London School of Economics and mechanical engineering and industrial engineering (Dipl.-Ing.) at the Technical University of Berlin, where he also earned his doctorate. Dr. Nehring began his career at thyssenkrupp, where he held key positions and drove forward decisive growth strategies. As CEO of the OSRAM Digital business unit, he shaped the transformation of the global technology group over a period of five years. Most recently, he served as interim head of the family-owned mechanical engineering company Reineke Mess- und Regeltechnik.

Martin Walter, CFO der Pepperl+Fuchs Gruppe

Martin Walter, Chief Financial Officer

Martin Walter studied business administration in Stuttgart and holds an MBA from the University of Cambridge. During his career, he has successfully improved the performance and processes of global companies with a focus on sustainability and built up high-performing commercial organizations. He worked for MANN+HUMMEL for over 15 years in various management positions in Germany, Singapore, the UK, India, China, and Brazil. Most recently, Mr. Walter served as Senior Vice President of Controlling and Accounting at Stihl, the global market leader for chainsaws.