Munich - Peter Reiter-Machoi will take over the position of Chief Financial Officer (CFO) at the Leinfelden-Echterdingen offices of TÜV SÜD Auto Plus from 1 September 2016. He brings 18 years of professional experience and extensive familiarity with the automotive industry to his new post.
Peter Reiter-Machoi was CFO at TÜV SÜD Automotive GmbH in Garching from 2009 to 2013, and has spent the past two-and-a-half years in Istanbul, Turkey. During that time his main task was to establish a shared service organisation (SSO) for the company’s Turkey Cluster, comprising the three units of TÜV SÜD TGK, TÜV SÜD Bursa and TÜV SÜD D-Experts. He was also responsible for local support and supervision of a large-scale project for MAN Truck & Bus involving production of appraisals for returned trucks and buses in a variety of countries
In his new function, Peter Reiter-Machoi will be CFO of TÜV SÜD Auto Plus and the Car Business Services (CBS) business unit, as well as the point of contact for all commercially related issues at both national and international level. “We are delighted to have gained Mr Reiter-Machoi for our team, as a financial specialist with plentiful international experience”, says Axel Bischopink, CEO of TÜV SÜD Auto Plus GmbH and the Car Business Services (CBS) business unit. The Munich-based company formed (CBS) Car Business Services as an umbrella organisation covering the full span of automotive services, with the exception of classic services like periodic technical inspections and driving tests. The unit thus provides vehicle returns and appraisals, damage management, vehicle detailing and dealer consultancy as well as vehicle registration services. Its customers include vehicle manufacturers, importers, car dealerships, fleet operators, automotive banks, leasing companies and car rental firms.