30.9.2009
Company founder's grandson joins bulthaup's Board of Management
Aich, September 3, 2009 - Marc O. Eckert (38), lawyer and grandson of the Company's founder Martin Bulthaup, will join Bulthaup GmbH & Co KG as Commercial Director with effect from October 1, 2009.
Marc O. Eckert studied law at Ludwig Maximilian University in Munich and in the USA. After completing a legal internship at the Higher Regional Court of Munich, taking the Second State Examination in Law and working at a large German corporate law firm, he obtained a Master of Business Administration (MBA) at the Kellogg School of Management in Chicago, USA and the Otto Beisheim School of Management.
Before embarking on independent practice three years ago as the founding partner of a law firm specializing in corporate law, Mr. Eckert worked at a leading German law firm specializing in capital market law. With his appointment to the Company's Management Board with effect from October 1, 2009, the partners of Bulthaup GmbH & Co KG are placing part of the operating business back into the hands of a family member.
Together with Chairman of the Management Board Gerald O. Stenzenberger, Mr. Eckert will have responsibility for the commercial areas of HR, Finance, IT and Administration. There are plans for Marc O. Eckert to also assume responsibility for Production at a later date.
The new addition to the Management Board symbolizes continuity in corporate strategy. bulthaup's success story is set to continue with a constant flow of new innovations and consistent growth. "The support provided by Mr. Eckert will give us scope to implement our visions,” says Gerald O. Stenzenberger, Chairman of the Management Board. "Even though the industry is lamenting a drop in exports, we are seeing a rising trend towards solid investments such as the timeless and functional kitchens and living spaces from bulthaup, and we believe there is significant potential for growth, especially in Asia. In recent years, bulthaup has brought additional new products and technologies onto the market that have justifiably earned us the reputation of innovation leader and given us the right to look confidently to the future.”
About the company
The company founded in 1949 by Martin Bulthaup develops, designs, produces and markets high-quality system elements and products relating to the furnishing of kitchens and living spaces.
bulthaup is renowned worldwide for its architecture of living spaces. Around 550 staff still manufacture kitchens and living spaces for the global market at the company's facilities in Germany. Foreign business accounts for more than 70% of the company's overall sales and is taken care of across the globe by subsidiaries and sales partners.
Products are sold solely via high-end specialist retailers and bulthaup's own lead shops. The main source of revenue is the company's bulthaup b3 system that has evolved into a market classic. With the launch of the unique bulthaup b2 kitchen workshop and the pure bulthaup b1 starter kitchen, further target groups have been integrated that make the company's business prospects extremely positive for the next few years.
