Bilfinger Appoints Ex-Osram Manager Patzak CFO Amid Shake Up

  • Axel Salzmann to leave after requesting early end to contract
  • Patzak to start at German building services company on Oct. 1
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Bilfinger SE named former Osram Licht AG Chief Financial Officer Klaus Patzak as CFO, the latest in a series of management changes under new Chief Executive Officer Thomas Blades.

Patzak, 51, will replace Axel Salzmann on Oct. 1, Mannheim, Germany-based Bilfinger said in a statement on Thursday. Salzmann is leaving after less than 18 months in the job after asking for his contract to be terminated early, the building-services provider said.