Stefan Pierer Steps Down as KTM CEO

After serving as CEO of KTM AG for many years, Stefan Pierer has handed over management of the company to Gottfried Neumeister, who began serving as co-CEO on September 1, 2024. According to a press release by Pierer Mobility Group (parent company of KTM, Husqvarna, and GasGas), this change in management is to strategically position itself for the future, and Pierer will remain a member of the executive board and continue to accompany the reorganization process.

“For me, KTM was always more than just a company—it was and is a passion, a mission and a family,” Pierer said. “The decision to hand over the helm was not an easy one. I am deeply convinced that Gottfried Neumeister, with his strategic foresight and commitment, is the right choice to lead KTM into the future.”

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Neumeister’s experience in corporate management includes many years as a board member of Niki and Do & Co. KTM says that with him at the helm and Pierer remaining involved, it’s ideally equipped to master challenges of the future. Also, that its focus remains on innovation, performance, and continuous development of the brand.

“Stefan Pierer has created a unique company that reflects the passion and pioneering spirit of all employees,” Neumeister said. “I see it as my task to preserve this legacy and at the same time, to break new ground. KTM stands for courage, innovation, and passion—values that we will continue to live by and carry into the future. Together with our team, we will continue to strengthen KTM and set new standards to build the best motorcycles in the world.”