Alexander Knauf stepped down from the operational management of building materials company Knauf at the start of the year at age 51. In his first interview after leaving, he discussed the generational change in the family business.
Alexander Knauf explained in Iphofen that the change in the shareholder committee should happen in good time. He compares the body to the supervisory board of a stock corporation and remains there as a simple member in a cooling-off phase.
After 22 years at Knauf, 13 of them at the top, he handed over a stronger and more resilient company. He looks back with gratitude and now wants to work as an investor in Hidden Champions.
Knauf stressed that entrepreneurs should not leave Germany. He remains closely connected to the company and continues to visit his parents in Iphofen regularly.