Reinhold Würth Passes Leadership of Würth Group to Grandchildren

The 89-year-old industrialist steps back as his grandchildren take on key roles in the family-run global enterprise.

Reinhold Würth, known as the 'Screw King,' officially hands over leadership of the Würth Group to his grandchildren starting January 1, 2025.
Benjamin Würth, 43, will assume the role of chairman of the supervisory board, while his siblings, Sebastian and Maria Würth, take on other leadership responsibilities.
The Würth Group, a global leader in fastening and assembly technology, employs over 88,500 people worldwide and reported a revenue of over €20 billion in 2023.
Reinhold Würth, who transformed a small family business into a multinational corporation, plans to focus on personal pursuits and celebrate his 90th birthday in April 2025.
The company faces economic challenges, with projected revenue and profit declines for 2024, but new leadership remains optimistic about long-term growth opportunities.