That didn't take long. After Bajaj Auto officially stepped in to pull KTM (and its parent company, Pierer Mobility AG) out of the fire, anyone paying attention probably expected board members to start playing musical chairs pretty soon afterward.
So it's pretty unsurprising that Pierer Mobility announced a set of upcoming changes to its Supervisory Board, which will become effective later this month (June 2025). Stepping down from the current board will be Stephan Zöchling, Rajiv Bajaj, and Friedrich Roithner.
Who will take their place? As of June 23, 2025, it'll be Bajaj CFO Dinesh Thapar; lawyer Ernst Chalupsky, who specializes in company law and mergers and acquisitions; and lawyer Ewald Oberhammer, who specializes in corporate immigration law in Austria. Presumably, their combined guidance and expertise will play crucial roles in what's next for Pierer, KTM, and all related subsidiary companies.
