The king is stepping back, but not too far. After 33 years at the helm, Stefan Pierer has officially resigned from KTM AG, leaving CEO Gottfried Neumeister to clean up the mess. The company has been in self-administration since November, weighed down by more than €2 billion in liabilities.
The plan? Pay creditors a 30% cash quota—about €548 million—while scrambling to raise €800 million in fresh capital. Meanwhile, KTM’s production lines have been idle since mid-December.
Stefan Pierer Has Officially Resigned But He Won’t Be Far Away
But don’t think for a second that Pierer is gone. He’s still co-CEO of Pierer Mobility, KTM’s parent company, meaning his fingerprints remain all over the brand.
The latest investor report (March 2025) makes it clear—Neumeister runs the show now, but Pierer isn’t entirely out of the picture.
And here’s the real kicker: KTM has investors circling, offers on the table, and big promises to keep. Selling motorcycles isn’t the problem. It’s making enough money to pay the bills before the creditors come knocking.
So, Neumeister takes the reins, Pierer steps into the shadows, and KTM tries to shake off the weight of its debts. Will they pull it off? That’s the €800 million question.
Source: Motorcycle.com
