Ebusco restructures organization dissolving Executive Committee, whose responsibilities will be shifted to the Management Board

Ebusco is restructuring its organization to optimize its transition to an Original Equipment Designer (OED) model and streamline operations. As part of this plan, the company announces intention of dissolving its Executive Committee, shifting responsibilities to the Management Board. Roald Dogge, the current COO, will retire, and Michel van Maanen is set to replace him as the new COO.

Positions such as Chief Technology Officer, Chief HR Officer, and Chief Commercial Officer will be eliminated, with their responsibilities redistributed. The changes will be finalized after shareholder approval at an Extraordinary General Meeting (EGM).

Ebusco also communicates that in the last few weeks it “has come to agreements with various customers on the cancellation of 95 buses. These orders include buses not yet in production and complex configurations that are not part of the company’s current portfolio. The discontinuation of these orders will contribute to a more realistic production plan”.

Ebusco turnaround plan in progress

As known, Ebusco is implementing a turnaround plan focusing on switching to an Original Equipment Designer (OED) model and rationalizing its production footprint, as CEO Christian Schreyer discussed with Sustainable Bus in this interview.

Therefore, Ebusco decided to dissolve the Executive Committee and to manage the company directly from the Management Board. In the new setup the COO is fully responsible for the core process of the organization from bus sale, engineering, production, to after sales. “This will lead to clearer, more reliable processes and responsibilities and, ultimately, a stronger cooperation with all partners throughout the entire value chain”, Ebusco states in a press note.

In line with the abovementioned organizational change, the company and Roald Dogge, the current COO, have mutually agreed that the COO role under the new OED structure requires different competencies. Roald Dogge will retire from the company at the end of this year. The company states it intends to nominate Michel van Maanen as Management Board member in the role of COO.

An Extraordinary General Meeting (EGM) will be convened soon for his proposed appointment as member of the Management Board.

As a result of the leaner organization setup, the roles of Chief Technology Officer (as previously announced on 24 October 2024), Chief Human Resources Officer (CHRO) and Chief Commercial Officer (CCO) will no longer exist. The direct reports of the CHRO will be transferred to Christian Schreyer as the CEO and the Engineering, Sales and After Sales departments will report to the COO.

After shareholders’ approval, to be obtained at the EGM, the revised Management Board will consist of Christian Schreyer, Jan-Piet Valk (ad interim), Peter Bijvelds and Michel van Maanen.