German Manager Magazine: Here: Mike Nefkens becomes the new boss of the ailing card service 002866

Map service Here has found a new boss: Mike Nefkens will take over as the new CEO from January 2, 2024, as the company announced on Thursday. The manager is the successor to Edzard Overbeek (56).

Overbeek already threw out how in April manager magazine exclusively reports

e. Since then, Chief Data Officer Denise Doyle and CFO Adeel Manzoor had taken over the reins.

Here is a joint venture in the automotive industry. Audi, BMW and Mercedes took over the former card unit of the Finnish Nokia Group in 2015 for 2.6 billion euros in order to reduce their dependence on the US giants, also with a view to autonomous driving. Overbeek, who became CEO of Here in 2016, was tasked with turning the data company into a European tech power. But the ambitious growth project failed. A planned IPO via Spac and a deal did not materialize. Several key executives left the company and competitor Google caught up massively.

Now Nefkens is supposed to get the company out of the crisis. Nefkens has more than three decades of experience in leadership positions in technology, IT, software, cloud services, IoT and automotive, the company said in a statement. He served as President and CEO of the publicly traded company Resideo, Technologies, a spin-off from Honeywell. He was also an executive at Hewlett-Packard for many years.

In addition to the car manufacturers mentioned, Intel, Mitsubishi, Bosch and Continental Shareholder of Here.

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