January 26, 2015 4:22 PM ET

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Company Overview of Robert Bosch GmbH

Company Overview

Robert Bosch GmbH, together with its subsidiaries, provides technology and services worldwide. It operates through four segments: Automotive Technology, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Automotive Technology segment offers gasoline systems, diesel systems, chassis systems control, electrical drives, starter motors and generators, car multimedia, automotive electronics, automotive aftermarket products, and steering systems. The Industrial Technology segment provides drive and control technology for power, control, and actuator systems for applications in industrial automation, mobile machinery, and commercial vehicles, as well as in renewable ener...

Bosch Service Center

Postfach 30 02 20

Stuttgart,  70442

Germany

Founded in 1886

281,381 Employees

Phone:

49 711 400 40990

Fax:

49 711 400 40999

Key Executives for Robert Bosch GmbH

Deputy Chairman of Management Board and Head of Finance & Controlling
Age: 58
Member of Management Board and President of Manufacturing Coordination
Age: 56
Member of Management Board and President of Chassis Systems Control; Electrical Drives; Starter Motors & Generators
Age: 52
Member of Board of Management
Age: 56
Member of Board of Management
Compensation as of Fiscal Year 2014.

Robert Bosch GmbH Key Developments

Robert Bosch GmbH Announces Management Changes

Robert Bosch GmbH announced changes on the board of management. Effective March 31, 2015, Wolf-Henning Scheider will be leaving the company. As from July 1, 2015, he will become chairman of the board of management of MAHLE GmbH. Dr. Rolf Bulander will head up the Bosch business sector Mobility Solutions from April 1, 2015. As before, he will be responsible for the Diesel Systems, Gasoline Systems, and Starter Motors and Generators divisions, and will also have corporate responsibility for quality. In addition, he will be assuming responsibility for the Electrical Drives division. Effective April 1, 2015, Dr. Markus Heyn will be appointed to the board of management. There, he will assume responsibility for Automotive Original Equipment Sales, Marketing and Sales, the Automotive Aftermarket division, and the subsidiaries ETAS GmbH and Bosch Engineering GmbH. As before, Dr. Dirk Hoheisel will be responsible for the Chassis Systems Control, Car Multimedia, and Automotive Electronics divisions, as well as for Automotive Systems Integration. Effective April 1, 2015, he will also assume responsibility for the Automotive Steering division. Stuttgart - Wolf-Henning Scheider (52) is leaving the Bosch Group effective March 31, 2015, and joining MAHLE GmbH. Effective July 1, 2015, he will become chairman of its board of management. Effective April 1, 2015, Dr. Rolf Bulander (56) will assume responsibility for the Mobility Solutions business sector. Operationally, he will be responsible for the Diesel Systems, Gasoline Systems, and Starter Motors and Generators divisions, and will also have corporate responsibility for quality. In addition, he will be responsible for the Electrical Drives division in the future. At the same time, Dr. Markus Heyn (50) will be joining the board of management of Robert Bosch GmbH. Following a proposal by the shareholders, this was decided by the supervisory board. His future areas of responsibility will include Automotive Original Equipment Sales and Marketing and Sales. He will also be responsible for the Automotive Aftermarket division and the ETAS GmbH and Bosch Engineering GmbH subsidiaries. Heyn, who also has a PhD in mechanical engineering, has been with Bosch since 1999. Most recently, he was president of the Diesel Systems division. As part of the reshuffle of responsibilities, Dr. Dirk Hoheisel (56) will retain responsibility for the Chassis Systems Control, Car Multimedia, and Automotive Electronics divisions. He will also assume responsibility for the new Automotive Steering division. The latter change is subject to the antitrust authorities approving the complete acquisition of ZF Lenksysteme GmbH. In addition, Hoheisel will remain responsible for Automotive Systems Integration. Hoheisel, who has a PhD in electrical engineering, has been a member of the board of management since 2012. He was previously a member of the executive management of the Car Multimedia and Chassis Systems Control divisions.

Bosch to Open R&D Centre in Cluj Napoca

The Romanian unit of German industrial group Bosch announced it will open a second research and development (R&D) centre in the northwestern city of Cluj Napoca. The new office will focus mainly on the development of software for new products, such as video stereo cameras, automated control, photovoltaic inverters and web portals.

ABB to Form Joint Venture with Robert Bosch and Cisco Systems

ABB Limited, Robert Bosch GmbH and Cisco Systems, Inc. are planning to form a joint venture (JV) that will develop and operate an open software platform for smart home devices and applications. The JV is to be domiciled in Germany. It will develop and operate an open software platform that will enable this simple exchange of data between different manufacturers' devices in the home, including washing machines, heating units, lamps, window blinds, and smart phones and tablets. It will also develop services on the platform for household devices in areas such as energy management, security technology, and entertainment. It will be able to commence operations at the beginning of 2015.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 17, 2014
aleo solar AG
Merger/Acquisition
September 21, 2014
BSH Bosch und Siemens Hausgeräte GmbH
Merger/Acquisition
September 15, 2014
ZF Lenksysteme GmbH
 

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