| CEO Name | Lars Wagner |
| Nationality | Germany |
| Net Worth Estimation | $5 million |
Lars Wagner's estimated net worth of around $5 million USD is primarily derived from his salary, bonuses, stock options, and long-term incentives as the CEO of MTU Aero Engines AG. Additional compensation may come from previous executive roles and equity holdings within the company.
Lars Wagner, CEO of MTU Aero Engines AG, has an estimated net worth of $5,000,000, which is 50% below the minimum average CEO net worth ($10,000,000) in the aerospace sector. Compared to the maximum estimated CEO net worth of $70,000,000 in this business category, his net worth is approximately 7.1%.
Business Category: Aerospace
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 70000000 USD
Lars Wagner Performance in MTU Aero Engines AG
Lars Wagner, CEO of MTU Aero Engines AG, demonstrates strategic leadership by driving innovation and operational efficiency in aerospace engine manufacturing. His decisive approach prioritizes sustainable growth and digital transformation, enhancing the company's competitive position globally. Under Wagner's leadership, MTU has achieved improved financial performance, expanded market presence, and strengthened research and development capabilities.
Latest News
MTU Aero Engines AG Forecasts Strong Growth and Leadership Transition in 2025
MTU Aero Engines AG expects revenue between EUR8.3 and EUR8.5 billion in 2025, with adjusted EBIT rising in the mid-twenties percentage range and free cash flow reaching EUR350-400 million. Dr. Johannes Bussmann will succeed Lars Wagner as CEO on September 1, 2025, bringing extensive aviation industry experience to lead the company's continued growth.
Source: http://www.mtu.de/newsroom/press/latest-press-releases/press-release-detail/mtu-aero-engines-forecasts-continued-profitable-growth-in-2025-2/