News Article

Thomas Raith Joins Transmission Specialist Pinion

People & Careers

DENKENDORF, Germany – Thomas Raith has been appointed General Manager at Pinion GmbH alongside the two company founders Christoph Lermen and Michael Schmitz. Raith will handle sales, marketing and service. In the future he will also participate in the company.

Thomas Raith Joins Transmission Specialist Pinion
‘Future market opportunities convinced me to join Pinion,’ says Thomas Raith. – Photo Pinion

When Raith stepped down as CEO at Derby Cycle in May 2017, he initially focused on his family before he took care of some mobility projects and now decided to join the board at Pinion. His appointment is effective immediately.

‘Pinion in excellent starting position’

“For years, I’m convinced that we are only at the beginning of a sustainable development of mobility concepts. Next to leisure, the e-bike will establish itself in all areas of urban mobility. Today the Pinion products contribute to the future development of bicycles to urban mobility vehicles as they meet the requirements of durability, low maintenance and high performance. We are convinced that Pinion is in an excellent starting position to support this market development with great drive train concepts. These opportunities convinced me to join Pinion,” said Raith.

“We know Thomas already since the beginning of Pinion,” said Christoph Lermen. “He brings in a lot of experience from in and outside the bicycle industry. And most importantly, we share the same vision and ideas.”

Michael Schmitz adds, “He already supported us on several topics in past weeks. We soon realized how his experience can help us forward. His presence gives us more time to focuses on product development.”

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