“After nearly 36 years at Rohde & Schwarz, I have decided that now is the time to take a different direction professionally,” said Riedel. “I look back at my time with Rohde & Schwarz with pride and gratefulness, a time in which we advanced the company together and prepared it for the future. I wish my colleagues across the world all the best for the future.”
The executive board is now president and CEO Christian Leicher, and president and CTO Andreas Pauly – who was appointed on 01 October last year, and is not interim COO – Riedel had been COO since 2014.
“Peter Riedel played a key role in the development of Rohde & Schwarz over the past decades,” said CEO Leocher. “He shaped numerous aspects of our company. We thank him for his many decades of outstanding and successful commitment to and wish him lots of continued success in his career.”
The company has ~14,000 employees worldwide, of which ~9,000 work in Germany. It’s net revenue for 2022/2023 was of €2.78bn. Headquartered in Munich, it has sales and service in ~70 countries.
