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Brose Patriarch Michael Stoschek Steps Back as Owners Explore Minority Stake Sale

Shareholders are weighing a partial investment with bank advisers to support restructuring at the 32,000-employee supplier.

Overview

  • Michael Stoschek announced on Oct. 8 that he will withdraw again from Brose’s board leadership after a brief return last year.
  • His son, Maximilian Stoschek, 47, is slated to join the Verwaltungsrat in early 2026 and already chairs the shareholders’ meeting.
  • The family owners are assessing a sale of a minority stake with an investment bank, with the evaluation ongoing and no transaction decided.
  • Brose has recently sold its e-bike drive business and previously outlined about 700 job reductions as part of its restructuring.
  • Stoschek has been a defining figure at the company for decades, serving 35 years as managing partner and roughly 20 years leading its supervisory and administrative boards.