The Supervisory Board of PWO AG has unanimously reappointed Carlo Lazzarini as a member of the Executive Board and Chairman of the Executive Board for another five years, effective January 1, 2027. The decision, announced on May 18, 2026, underscores the board's confidence in Lazzarini's leadership during a period marked by market volatility and increasing competition in the mobility industry.
Karl M. Schmidhuber, Chairman of the Supervisory Board, praised Lazzarini's track record, stating, "Carlo Lazzarini has consistently developed the PWO Group in recent years, expanded its international presence and kept the company on track despite a market environment that has recently become very challenging. The Supervisory Board looks forward to continuing to work with him and sees continuity in leadership as an important foundation for the company’s continued positive development."
Lazzarini expressed gratitude for the renewed trust, saying, "I thank the Supervisory Board for their trust. I look forward to continuing my role and, together with our global team, helping to shape and drive the development of the PWO Group in the years to come."
PWO AG, headquartered in Oberkirch, Germany, is a global partner to the mobility industry, specializing in lightweight metal solutions. The company produces over 100 million components annually, employs 3,300 people across 11 global locations, and boasts over 100 years of experience. As a technology leader in climate-friendly lightweight construction, high-precision forming, and joining technologies, PWO engineers complex metal components and systems for the automotive sector.
The reappointment comes at a critical time for the mobility industry, which is navigating the transition to electric vehicles and increasing demands for sustainability. PWO's powertrain-agnostic business model positions it to serve diverse propulsion technologies, from internal combustion engines to battery electric and hydrogen fuel cells. The company's focus on the three megatrends—electrification, safety, and comfort—makes its components integral to nearly every passenger car worldwide.
For business leaders, the leadership continuity signals stability and strategic consistency. Lazzarini's extended tenure suggests that PWO will continue its emphasis on international expansion and technological innovation, particularly in lightweight materials that improve vehicle efficiency and reduce emissions. The company's "local for local" production strategy ensures proximity to customers and high quality, which is vital in a globalized supply chain.
Investors and industry analysts will view this reappointment as a positive indicator of PWO's direction. The company's commitment to sustainability and cost-effectiveness aligns with broader trends in the automotive sector, where reducing weight and improving fuel efficiency remain key priorities. As the industry evolves, PWO's expertise in lightweight metal solutions will likely become even more critical.
For more information about PWO AG and its lightweight solutions, visit pwo-group.com.
