Jürgen Koopsingraven
As of March 15, 2023, Jürgen Koopsingraven will take over the management of the commercial divisions as CFO.
CFO Axel Börner leaves WAGO after 20 years
Jürgen Koopsingraven will take over the management of the commercial divisions
Axel Börner, CFO of the WAGO Group, will be stepping down from the operational business of the electrical engineering and automation technology specialists after 20 years of service. He will continue to support the company in an advisory role.
“Since he joined WAGO in 2003, Axel Börner has decisively influenced our business operations, and has made a substantial contribution to the stable, successful growth of our company with his broad range of responsibility”, emphasises Sven Hohorst, Advisory Board member and partner of this family-owned company in Minden. Sixty-year old Axel Börner’s area of responsibility extended from finances and controlling to purchasing and the company supply chain to IT, law and facility management. The milestones of his career at WAGO include the consistent further development of the IT landscape using SAP as well as establishing a supply-chain management organisation including state-of-the-art logistics. The basis of this successful company development was establishing international plants, the corporate structure and adjusting the organisation to the dynamic growth.
“I am very grateful that I had the opportunity to help shape WAGO’s success story in an entrepreneurial role with such a high degree of leeway, along with Sven Hohorst. In the last two decades, we increased our turnover from 250 million to 1.2 billion euros, and the WAGO family grew from 2,500 employees to 9,000 employees worldwide”, explains Axel Börner. “I am glad that WAGO has now found an ideal successor for the future challenges with Jürgen Koopinsgraven since Dr Heiner Lang joined the company as the CEO in 2021. The company is taking the right steps in these turbulent times, and I am looking forward to new responsibilities after 20 years.”
Axel Börner
His successor, Jürgen Koopsingraven, has more than 20 years of professional experience in the automobile industry. He initially worked in various business management functions at KSPG Automotive (today Rheinmetall Automotive) and most recently in the role of the Head of Corporate Strategy. Before joining WAGO, he assumed global responsibility for the finances, controlling and IT divisions, as well as other operative responsibilities as the CFO at FEV Group, an international development services provider for vehicle development and was especially able to successfully push digital transformation in this very dynamic market environment. “I am very glad to become a part of the WAGO family”, emphasises 50-year-old Jürgen Koopsingraven.
Jürgen Koopsingraven
Dr. Heiner Lang, CEO
"We are certain that he will continue to successfully develop WAGO with efficient processes and digital transformation expertise to secure our sustainable, international growth”, emphasises WAGO CEO Dr. Heiner Lang.
