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PROSTEP says goodbye to executive board member Reinhard Betz in retirement

By Bernd Pätzold

For almost 24 years, Reinhard Betz was responsible for finance and human resources as a member of the Executive Board. During this time, he played a key role in PROSTEP's development into a leading PLM consulting and software company. He has now gone into well-deserved retirement. In future, his duties will be performed by the two remaining members of the Executive Board.

Betz has been a member of the company's management team since November 1997, when the company was still called PROSTEP Produktdatentechnologie GmbH. Transformation of the limited liability company (GmbH) into a stock corporation (AG) and the move to new and larger business premises were important milestones in the successful development of the company, in which Betz played a major role. He also put many business processes, which at that time were still paper or Excel-based, on a new, digital footing with the introduction of Navision. Finding qualified employees for PROSTEP was of particular importance to him.

PROSTEP owes a great deal to Reinhard Betz and, as Chairman of the Executive Board, I would like to thank him for this on behalf of all employees. We wish him all the best for his well-deserved retirement and hope that he will enjoy it together with his family for many years to come.

Following Betz's departure, we will again reduce the size of the Executive Board in consultation with the Company's Supervisory Board and distribute its responsibilities among the two remaining members. In addition to his other duties, such as Sales & Delivery Projects, Marketing, Product Management & Development, and responsibility for PROSTEP Inc. in the USA, Dr. Karsten Theis will in future also be in charge of Human Resources. As Chairman of the Executive Board, I will also assume responsibility for Finance & Controlling. With the new distribution of responsibilities, we are also responding to the challenges of digital transformation, which demand even more agility from us and our company.

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