In November 2022, Forbo Group announced the abrupt departure of CEO Michael Schumacher due to differing strategic views, replacing him with former Kardex CEO Jens Fankhänel, who took over in March 2023. This leadership transition marked a period of instability, with subsequent changes including the departure of Fankhänel for health reasons in 2025 and the appointment of Johannes Huber as CEO effective January 1, 2026. Read the full story at Forbo. Jens Fankhänel, CEO, not returning to his function - Forbo