Turnaround MAN Energy Solutions

MAN Energy Solutions, a mid-sized industrial company, offers market-leading engines for marine and powerplant applications, as well as heavy machinery equipment for industrial use cases. In 2020, the company experienced financial losses. I was appointed as a non-executive board member to support the executive team in designing and implementing a program to sustainably turnaround the company. The transformation was implemented in two phases.

Phase 1: Restructure traditional core business

• Downsizing of German plants while increasing flexibility

• Transfer of „low-tech“ to the plant in India

• Optimization of the supply chain

• Reorganization to ensure clear accountability for customers and products

Phase 2: Profitably grow in new applications „Moving big things to zero CO2“

• Invest in electrolysis to produce H2

• Develop and market heat pumps to replace traditionally powered heat plants

• Introduce alternative fuels (e.g., ammonia, methanol) to operate large engines for ships and power plants

• ... and many more

  
  

Key results (as of 2025):

• EBIT plus 8 percentage points

• Revenue up by more than 30%