CODICO owner Karin Krumpel has assumed the sole position of CEO.
Sven Krumpel, the previous CEO, will no longer be working for CODICO. The company says that the decision was made for personal reasons to bring new momentum to the company’s future strategic direction.
“Sven Krumpel has made significant contributions to the development of CODICO’s strategy and the growth of the company through his dedication in recent years. His work has shaped all of us, and he has my deepest appreciation,” emphasises Karin Krumpel (pictured).
She will take over the operational management on an interim basis. The company remains focused on stability and further development, with an emphasis on strategic goals, customer care, close collaboration with manufacturers, and appreciation of its employees.
CODICO’s broad product portfolio includes active and passive components as well as interconnect solutions. The company operates as an independent, privately-owned business from its Austrian headquarters in Perchtoldsdorf, south of Vienna, with sales offices in Germany, Italy, France, the Czech Republic, Slovenia, Scandinavia, the UK, and additional partner companies in Central and Eastern Europe.
CODICO focuses on design-in solutions, leveraging its high level of technical expertise offering technical support from the development phase to the final product.