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Robert Bosch Tool Corporation Mike Mansuetti, president of Bosch in North America, will retire October 1 after transitioning to an advisory role on Sept. 1, 2024. Mansuetti has been at the helm of the North American region for the past twelve years. During Mike Mansuetti's 12-year tenure as president, Bosch in North America third-party sales increased more than 55%, from $10.6 billion in 2012 to $16.5 billion in 2023. Paul Thomas will assume the role of president of Bosch in North America September 1 in addition to his existing position as president for Bosch Mobility in the Americas. Robert Bosch GmbH announced they are open to public listings of certain divisions as they explore financing options for acquisitions, although not as a group or in their core business as an auto supplier, according to CEO Stephan Hartung. Hartung mapped out Bosch's ambitions to grow in the United States, an underrepresented market in the company's portfolio, saying "The US is a huge market, and Bosch has to deliver.” © Robert Bosch Tool Corporation. All rights reserved, no copying or reproducing is permitted without prior written approval.
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