Rüdiger Grube
Rüdiger Grube (born 2 August 1951) is a German engineer who served as the chairman of the board of Deutsche Bahn from 2009 until 2017 and as the chairman of EADS from 2007 until 2009.[1][2][3]
Early life
Grube was born in Hamburg in 1951. After technical training in metal aircraft construction, he went on to study automotive engineering and aircraft construction at the University of Applied Sciences in Hamburg, graduating as a qualified engineer. He studied vocational and business teaching there also at a later date. Between 1981 and 1986, he taught in production and engineering at the university, before completing a doctorate in industrial science and polytechnology.[3]
Career
Grube started his career in 1989 at Messerschmitt-Bölkow-Blohm and went on to work in a number of posts at DaimlerBenz including senior vice president and head of corporate strategy. He also worked for DaimlerChrysler.[4]
On April 25, 2009, Grube signed a five-year contract to become CEO of Deutsche Bahn AG, starting from May 1, 2009.[5] The company at the time had been hit very hard by the recession and was facing questions over some of its technology-based decisions. Grube announced cuts at the firm.[4] In 2015, after the longest driver strike in the company's history, Grube launched another restructuring to cut costs and modernize the rail system. That year the company recorded a €1.3 billion net loss, despite a slight rise in revenue to nearly €41 billion, a record at the time.[6]
Between 2013 and 2017, Grube accompanied Chancellor Angela Merkel on a total of three state visits abroad.[7]
In January 2017, Grube stepped down over disagreements concerning the extension of his contract which would have expired at the end of the year. The board had been prepared to offer Grube a two-year renewal of his contract, but he was seeking a three-year extension as well as a pay rise. When the board members would not agree on this, he offered his resignation.[6] CFO Richard Lutz became acting CEO.
In July 2017, financial advisory firm and asset manager Lazard appointed Grube as chairman of investment banking in Germany.[8] In addition, he serves as a director for Mitsubishi, McLaren Group, Hyundai and also serves as a non-executive director for EADS.[4]
Other activities
Corporate boards
- Vossloh, Chairman of the Supervisory Board (since 2020)[9]
- Bombardier Transportation, Chairman of the Supervisory Board (since 2019)[10]
- Deutsche Bank, Member of the Advisory Board[11]
Non-profit organizations
- German Cancer Research Center (DKFZ), Member of the Advisory Council[12]
- Federation of German Industries (BDI), Member of the Presidium (2011–2012)[13]
- Alexander Otto Sports Foundation, Member of the Board of Trustees[14]
- "Deutschland rundet auf", Member of the Board of Trustees[15]
- Stifterverband für die Deutsche Wissenschaft, Member of the Board [16]
- Deutsche Nationalstiftung, Member of the Board of Trustees[17]
Personal life
From his first marriage Grube has a son and a daughter. On 8 August 2015 he married chef Cornelia Poletto (born 1971). Frank-Walter Steinmeier, then Germany's foreign minister, was best man.
References
- ^ "Dr. Rüdiger Grube, Chairman and CEO of DB AG". Deutsche Bahn AG. Archived from the original on 27 May 2015. Retrieved 29 May 2015.
- ^ "Daimler-Strategiechef ersetzt Bischoff bei EADS". Handelsblatt GmbH. 5 April 2007. Retrieved 29 May 2015.
- ^ a b "Rudiger Grube". EuropeanCEO.com. 22 September 2010. Retrieved 20 December 2013.
- ^ a b c "Rudiger Grube Executive Profile". Business Week. Retrieved 20 December 2013.
- ^ "Ruediger Grube installed as Deutsche Bahn CEO". Business Week. Retrieved 2009-04-25.
- ^ a b Patrick McGee (January 30, 2017), Deutsche Bahn chief quits after dispute with board over pay Financial Times.
- ^ Christian Schlesiger (September 8, 2017), Siemens-Chef Kaeser am häufigsten bei Delegationsreisen dabei Wirtschaftswoche.
- ^ Vibhuti Sharma (July 13, 2017), Lazard names new chairman of investment banking for Germany Reuters.
- ^ Dieter Fockenbrock (January 6, 2020), Schienentechnikkonzern Ex-Bahn-Chef Grube wird Chefaufseher bei Vossloh Handelsblatt.
- ^ Dieter Fockenbrock (May 17, 2019), Ex-Bahnchef Grube kontrolliert jetzt auch Bombardier Deutschland Handelsblatt.
- ^ Members of the Regional Advisory Board, 2018 Deutsche Bank.
- ^ Advisory Council German Cancer Research Center (DKFZ).
- ^ Presidium Federation of German Industries (BDI).
- ^ Board of Trustees Alexander Otto Sports Foundation.
- ^ Board of Trustees "Deutschland rundet auf", press release of December 5, 2017.
- ^ Board Stifterverband für die Deutsche Wissenschaft.
- ^ Board of Trustees Deutsche Nationalstiftung.
External links
- Dr. Rüdiger Grube, Chairman and CEO of DB AG. Deutsche Bahn corporate website.
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