Bosch Power Tools has announced several changes to its Board of Management, including the appointment of a new President and CEO, as well as a new COO of Power Tools.
Effective 1 April 2026, Michael Budde (pictured middle), currently President of the Bosch business division Mobility Electronics, will take over as President and CEO from Thomas Donato. Donato, who has held the dual role since June 2023, will leave the Bosch Group at his own request on 31 March 2026 to pursue a career outside the company.
Peter Wolfangel will succeed Michael Budde as President of the Mobility Electronics business division.
In addition, Martin Hettich (pictured right) will join the Bosch Group as COO of Power Tools. He will succeed Lennart de Vet and assume responsibility for regions, marketing and sales, as well as for the business units previously overseen by Thomas Donato.
The company added that de Vet will move into a new role within the Bosch Group, which will be announced at a later date. At the same time, Katharina Hartl (pictured left) will continue in her current role as CFO.
“Budde is a highly experienced Bosch leader with the ability to steer large-scale, complex businesses to success, with strategic foresight and strong execution. With Hettich, we gain a proven consumer goods expert with extensive international experience,” said Katja von Raven, Chairwoman of the Supervisory Board of Robert Bosch Power Tools GmbH and a member of the Board of Management of Robert Bosch GmbH.
The company stated that it has executed substantial restructuring and cost reduction programmes over the past three years. “Over the past three years, decisive restructuring activities and a strong pipeline of product launches have created a solid foundation for the future and mark an important milestone in the development of the Power Tools division,” said von Raven. “For nearly 25 years, de Vet has significantly contributed to the success of Power Tools across various functions, and we sincerely thank him for his contribution. We wish him all the best in his future professional endeavours.”
With the new leadership, Bosch Power Tools aims to drive global growth, with priorities including continuing to implement cost-saving measures.
