The Wuppermann Group, a well-established family-owned business, is on the cusp of a leadership change. Johannes Nonn, the current CEO, has announced his decision to retire on March 31, 2025, after leading the company through several years of significant economic challenges. His successor, Oliver Alexander Rechtsprecher, will join the Wuppermann AG board on January 1, 2025, initially taking on the role of Chief Operating Officer. By April 2025, Rechtsprecher will assume full responsibilities as CEO, taking over all duties from Nonn.
Rechtsprecher, who has a robust background in the steel and chemical distribution industries, began his career at Thyssenkrupp Steel Europe AG in 2005. His journey led him to Benteler Distribution GmbH & Co. KG in 2014, where he became part of the executive team. In 2018, Rechtsprecher further expanded his expertise by becoming a managing director in chemical distribution. His extensive experience is expected to be invaluable as he steps into his new role at the helm of Wuppermann Group, a company renowned for its high-quality steel products and strong market presence.
Johannes Nonn's tenure at Wuppermann Group has been marked by strategic leadership through turbulent economic periods. Under his guidance, the company achieved its most successful financial year in 2021, setting new records. The supervisory board, led by Dr. C.L. Theodor Wuppermann, expressed deep gratitude for Nonn's contributions. In a statement, the chairman highlighted Nonn’s leadership in steering the company to financial success, thanking him for his dedication and wishing him the best in his retirement. The board is confident that Rechtsprecher’s appointment will usher in a new chapter of continued success and innovation for Wuppermann Group.
The Wuppermann Group’s robust product portfolio includes high-quality surface-treated flat products, pipes, and pipe components made from steel, catering to industries such as machinery, furniture, food packaging, automotive, construction, solar energy, and water treatment. With a reputation for quality and reliability, the company has been an integral player in the steel processing industry for over 150 years. Its products are used in a wide array of sectors, demonstrating the company’s versatility and commitment to innovation.
The company currently operates five production facilities, employing around 800 people. In 2023, Wuppermann Group achieved a turnover of 664 million euros, a testament to its solid financial standing and efficient operations. The leadership transition comes at a time when the steel industry is undergoing significant technological advancements and challenges, with companies striving to adapt to new market dynamics and sustainable practices. The new leadership, under Rechtsprecher, will likely focus on maintaining Wuppermann’s strong competitive edge while also exploring opportunities for growth and innovation in emerging markets.
In addition to Rechtsprecher’s new role, Dr. Arndt Laßmann will continue in his position as a member of the board, overseeing controlling, finance, accounting, IT, and legal departments. His steady leadership in these crucial areas will help ensure continuity during the transition. Laßmann’s experience and expertise in financial matters will be essential as the company looks to further expand its operations and navigate any economic challenges that
