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FAQ: TRATON GROUP Executive Board Contract Extensions
TL;DR
TRATON GROUP's early contract extensions for key executives provide stability and competitive advantage by retaining experienced leadership to drive commercial vehicle market growth.
The Supervisory Board extended CFO/CHRO Dr. Michael Jackstein and Product Management Head Catharina Modahl Nilsson's contracts to maintain consistent strategic execution.
TRATON GROUP's leadership continuity supports sustainable transportation transformation and long-term positive impact on global commercial vehicle operations.
TRATON GROUP secured its leadership team with early contract renewals for two experienced executives overseeing finance, HR, and product management.
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The Supervisory Board of TRATON GROUP has extended the Executive Board contracts of Dr. Michael Jackstein (CFO and CHRO) and Catharina Modahl Nilsson (Head of Product Management) ahead of schedule.
Dr. Michael Jackstein, who serves as CFO and CHRO of TRATON GROUP, and Catharina Modahl Nilsson, who is responsible for Product Management at TRATON GROUP.
According to Hans Dieter Pötsch, Chairman of the Supervisory Board, the extensions were made to continue driving the path the company has embarked on and to maintain experienced leadership on the Executive Board team.
The decision was made at the Supervisory Board meeting last Friday, as announced on November 24, 2025.
Extending the contracts ahead of schedule demonstrates confidence in the current leadership team and ensures continuity in key executive positions to maintain strategic direction.
Dr. Michael Jackstein serves as Chief Financial Officer (CFO) and Chief Human Resources Officer (CHRO), while Catharina Modahl Nilsson is responsible for Product Management at TRATON GROUP.
The Supervisory Board of TRATON GROUP, led by Chairman Hans Dieter Pötsch, made the decision to extend the Executive Board contracts.
You can contact Ursula Querette, Head of Investor Relations (M +49 152 02152400, ursula.querette@traton.com) or Thomas Paschen, Investor Relations (M +49 170 9073494, thomas.paschen@traton.com).
TRATON SE is the parent and holding company of TRATON GROUP, one of the world's leading commercial vehicle manufacturers with brands including Scania, MAN, International, and Volkswagen Truck & Bus, producing trucks, buses, and light-duty commercial vehicles.
Curated from NewMediaWire
