Bosch Ltd Announces CFO Transition: Karin Gilges Resigns, Tillmann Olsen Appointed

Bosch Ltd, a leading player in automotive technology and engineering solutions, has confirmed a significant leadership transition in its finance division. Following a Board meeting on February 17, 2026, the company announced the resignation of Ms. Karin Gilges, who has served as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). She will step down on May 31, 2026 to take up a global assignment outside India.

To ensure continuity, the Board has appointed Mr. Tillmann Olsen as the new CFO and KMP, effective June 1, 2026. Olsen brings extensive international experience in financial management and corporate governance, aligning with Bosch’s long-term growth and innovation strategy.

This transition highlights Bosch’s commitment to succession planning and leadership continuity, reinforcing investor confidence and operational stability.

Key Highlights

• Resignation: Karin Gilges, CFO, effective May 31, 2026
• New Appointment: Tillmann Olsen as CFO, effective June 1, 2026
• Reason: Gilges to pursue a global role outside India
• Board Approval: Confirmed on February 17, 2026
• Strategic Impact: Strengthens financial leadership and governance at Bosch Ltd

This leadership change positions Bosch Ltd to continue its growth trajectory with renewed financial stewardship.

Sources: InvestyWise News, MarketScreener Corporate Filings