Trumpf Inc appoints Lutz Labisch as president and CEO
February 2, 2022
Trumpf Inc., the North American subsidiary of Trumpf GmbH & Co. KG, Ditzingen, Germany, has named Lutz Labisch as the new president and CEO, effective March 1, 2022. Labisch will be responsible for production, sales and service of Trumpf’s machine tool and laser technology product portfolio in North America and for the strategy and business operations at the company’s subsidiaries in the United States (including Connecticut, California, Illinois and Michigan). He will also oversee operations in Mexico, Canada and Brazil.
Labisch brings nearly twenty years of experience in the machine tool industry and has demonstrated leadership skills in various finance and management positions throughout his career and six-year tenure with Trumpf. His expertise garnered in prior positions is said to have contributed to the commercial foundations he developed for Trumpf’s Smart Factory strategy and paved the way to rebuild Connecticut production facilities that were damaged by a plane crash in September 2021. Labisch holds a master’s degree in industrial engineering and business administration from the University of Karlsruhe in Germany and studied as a Fulbright Scholar at the University of Michigan.
“Lutz Labisch is strategically, an exceptionally adept manager who has proven his great expertise in previous management functions in the finance department of the holding company in Germany and at Trumpf’s North American subsidiary,” stated Nicola Leibinger-Kammueller, Trumpf Group CEO. “He also possesses the key cultural skills and knows the market in North America as well as in Europe and Germany. I wish him every success for the great tasks that lie ahead!”
Labisch will take over responsibility from Peter Hoecklin, who is leaving the Trumpf Group after more than eighteen years with the company. Leibinger-Kammueller notes that Hoecklin made significant contributions to the Trumpf Group in various positions held in Germany, China and America. In the United States, he played a key role in setting up the new Trumpf Smart Factory in Hoffman Estates, Illinois, and laid the foundation for future business growth among companies seeking large-scale, automated and interconnected sheet metal fabrication equipment.
Labisch commented, “I am excited to further grow Trumpf’s customer relationships in North America. Our mission is to enable customers to create exceptional products by offering outstanding laser and production solutions. We provide both market leading technology and customer service to a broad variety of customers and industries. Whether our customers are small family-owned job shops or multinational companies, we are dedicated to serving them all with a wide product portfolio ranging from affordable entry-level machines to fully integrated and automated Smart Factory solutions.”