Matthias Lapp (39), grandson of the company's founder Ursula Ida Lapp, will take over as CEO of Lapp Holding from 1 October 2022. His uncle Andreas Lapp (66), Chairman of the Executive Board, and his father Siegbert E. Lapp (69), Chairman of the Supervisory Board, will retire from the operational business of the Lapp Group on 30 September 2022.