Deutz Ag reports it is reorganizing to deal with the effects of the global recession. After the company's Board of Management was reduced from four to three members in March of this year, the organizational level immediately below the Board of Management is now being streamlined. After the reorganization, 17 executives at this level will report directly to the Board of Management instead of the current 25.
The key aspects of this structural realignment:
· The various operational functions at the Cologne and Ulm sites will be merged to form a single function at each plant that has full responsibility for quality, delivery reliability and cost.
· The three current sales regions will be pooled with the service functions and the back-office sales management function to establish one unit with global responsibility.
· The marketing & public relations, corporate development, quality management and product management units will be combined to create the new corporate management function.
· Investor relations will be integrated into the finance function.