PROSTEP says goodbye to executive board member Reinhard Betz in retirement

Darmstadt, August 2021 – Reinhard Betz, a member of the executive board of PROSTEP AG and responsible for finance and human resources, went into his well-deserved retirement on July 31 of this year. For almost 24 years, Betz has played an important part in helping the company become a leading PLM consulting and software company, rendering outstanding service to personnel development and human resources management. PROSTEP will be using the departure of its long-serving board member as an opportunity to redistribute responsibilities within the board.

Betz has been a member of the company's management team since November 1997, when the company was still called PROSTEP Produktdatentechnologie GmbH. Transformation of the limited liability company (GmbH) into a stock corporation (AG) and the move to new and larger business premises were important milestones in the successful development of the company, in which Betz played a major role. He also put many business processes, which at that time were still paper or Excel-based, on a new, digital footing with the introduction of Navision. Finding qualified employees for PROSTEP was of particular importance to him.

"PROSTEP owes Reinhard Betz a great deal, and we would like to take this opportunity to thank him," says Dr. Bernd Pätzold, CEO of PROSTEP AG. "We wish him all the best for his well-deserved retirement and hope he will enjoy it together with his family for many years to come."

Following Betz's departure, PROSTEP, in consultation with the company's supervisory board, will again reduce the size of the executive board and distribute responsibilities between the two remaining members. In addition to his other duties, such as sales and delivery, projects, marketing, product management and development, and responsibility for PROSTEP Inc. in the USA, Dr. Karsten Theis will in future also be responsible for human resources. As chairman of the executive board, Pätzold will also assume responsibility for finance and controlling. With the new distribution of responsibilities, the executive board is also responding to the challenges posed by the digital transformation, which demands even greater agility on the part of the company.