Bosch Rexroth CEO to depart in July

Bosch Rexroth, with a U.S. office in Charlotte, North Carolina, has announced that Gregory Gumbs, president and CEO of the North America region, will leave the company effective July 1. Gumbs joined Bosch Rexroth, which is based in Lohr am Main, Germany, in September 2020 and, according to a news release from the company, increased growth in the North American region, improved competitiveness and established a customer-focused culture.  

“This decision was not taken lightly,” Gumbs says. “I have great respect for the leadership team, our associates and channel partners across North America. I am very confident in the strategy and in our talented team, which will ensure continued success and positive outcomes for our customers and the business. It has truly been an honor and privilege for me to serve and lead this team.” 

Reinhard Schaefer, a current executive board member, will join the North American board in the interim to support the transition and identify the company’s next regional CEO. 

"I would like to thank Gregory Gumbs for his leadership in the region,” says Steffen Haack, CEO of Bosch Rexroth AG. “The North American region is of critical importance, and the leadership team in the region has a strong foundation to continue the significant growth path we are on.”