Recaro Aircraft Seating wins Best Managed Companies Award

Company continues over 15 years of double-digit growth

SCHWAEBISCH HALL, Germany, 10 May 2019 – Recaro Aircraft Seating has been named one of Germany’s Best Managed Companies. This annual award is organized by Deloitte, the German business magazine WirtschaftsWoche and BDI (Association of German Industry). It recognizes Germany’s top privately owned businesses for exceptional management.

The designation was awarded following a detailed qualification and judging process that evaluates the entire management team and business strategy. Criteria go beyond financial performance and include operational excellence, strategic planning, governance and talent strategy.

Recaro Aircraft Seating received the award during a gala that took place in Düsseldorf last night.

The 16 companies which were awarded the status of Best Managed Company this year have total combined revenues of almost €19 billion and total employment of approximately 129.000 people.

“We are happy to have won a Best Managed Company Award,” says Dr. Mark Hiller, CEO and Shareholder of Recaro Aircraft Seating. “It is an amazing team achievement that makes us very proud. Exemplary management is extremely important for a company. Especially for one growing as fast as Recaro has over recent years. Furthermore, it solidifies trust from of customers, business partners, suppliers and employees.”

 

Photo from left to right:  Dr. Mark Hiller - CEO and Shareholder Recaro Aircraft Seating, Martin Putsch - Chief Executive Officer Recaro Group.