Markus Riese steps down as CEO of Riese & Müller

DARMSTADT, Germany - Since Riese & Müller was founded almost 30 years ago by Markus Riese and Heiko Müller, the company has grown from being a folding bike start-up to a global player in the e-bike market with a turnover of around €350 million. Yesterday, co-founder Markus Riese announced he had stepped down from his executive duties and relinquished the role of CEO as of 1 August 2022.