Thorsten Heidack

SVP/CEO BU Liquid & Powder Technologies APAC incl. China & India & Ext. Div. Board Member

Singapore

About

Experience

  • GEA Group (4 yrs 7 mos)
    • SVP/CEO BU Liquid & Powder Technologies APAC incl. China & India & Ext. Div. Board Member
      Aug 2025 - Present · 10 mos

    • SVP/CEO BU Liquid & Powder Technologies North- & South America & Ext. Div. Board Member
      Nov 2021 - Jul 2025 · 3 yrs 9 mos

  • Chief Executive Officer at thyssenkrupp Industrial Solutions China
    Jan 2019 - Oct 2021 · 2 yrs 10 mos

    - Chairman of the board – CEO and CFO of the company (dual role) of Plant engineering (EPC business) - Reporting to CEO of thyssenkrupp Industrial Solutions AG in Germany - Full P&L responsibility for Business Units Mining, Cement and Chemical and Process Technologies in Greater China - Lead of 160 Employees – in Shanghai and Beijing - Development of a strategic way forward for China organization – with localization plan of products and organization - Implementation of this strategy which has been aligned with all stakeholders of Business Units and Business Area - its vision and its current and long-term business goals - Drive the company's financial planning and Forecasting - Ensure cash flow is appropriate for the organization’s operations - Develop, implement and review finance processes and accounting policies to maintain and strengthen internal controls processes - Build, lead and scale finance and project execution team; recruit and retain top talent, build organizational and team structures as well as processes to achieve a highly functioning and performing team to deliver projects - Stabilization of the company after loss of key players - Set up a lean organization by using shared service offered by regional platform of thyssenkrupp AG in China

  • thyssenkrupp Industrial Solutions AG (4 yrs 10 mos)
    • Global Head of Commercial Project Management & Sales/Bid Estimate
      Oct 2016 - Dec 2018 · 2 yrs 3 mos

      o Responsible for Commercial Project Management (CPM) globally within thyssenkrupp Industrial Solutions AG (Business Units Chemical and Process Technologies, Mining and Cement) o Disciplinary lead for approx. 80 employees at 5 locations in Germany – with functional lead for additional 80 Commercial Project Manager as Business process owner for CPM globally o Implementation of concept „Commercial Project Manager as CFO of the project“ by strengthen commercial view to EPC projects o Staffing of all commercial functions for our EPC projects o Definition & management of newly defined processes and interfaces to other departments such as Project Management, Supply Chain Management, Legal, Finance, Tax and HR o Capacity management and rightsizing the commercial organization to future needs of a 4bn. EUR company o Recruiting process and leading job interviews as decision maker o Project member of internal project to set up a „network-organization“ together with CFOs and strategy department o Project Lead of internal project „Harmonization of sales calculation“ within Core Plant Technology Successes o Building up a global team of Commercial Project Managers o Development & Implementation of a global Instruction for CPM including Cost Control & Site Management o Preparation of a global and harmonized Process for CPM for Project Phase model incl. definition of deliverables o Modelling of Processes in „TIBCO Nimbus“ o Introduction of an Internal Control System o Active Change Management and leadership to support new organizational structure and processes o Active support of living the global network of Projects Managers by o having global meetings (face-2-face and virtually) o Set up of a SharePoint for global community for communication and lessons learned sharing o Running trainings for CPM in USA, France, Spain and India o Successful implementation of Commercial transaction in SAP System (DAPROH)

    • Head of Commercial Execution // Project-/ Contract Management & Sales
      Mar 2014 - Sep 2016 · 2 yrs 7 mos

      o Project executed as Commercial Project Director: Vinacomin in Vietnam, EPC-scope, order value: approx. 200 Million USD – in consortium with Toyo Thailand o contract negotiations with clients and suppliers incl. Claim Management with international business partners o Risk Analysis and ongoing Monitoring of Risks o Detailed budget planning, set-up of WBS and controlling in SAP o Responsible for monthly budget deviation analysis and Cost-to-Complete Forecast o Monthly presentation of project results to management of global BU o Driver for risk management process and implementation of a new risk management tool o Contract change management (claim management) with client, consortium partner and subcontractors o Cash flow planning and management including hedging o Responsible for commercial project closure process including final negotiations and settlement agreements with client and subcontractors o Commercial Project Director of Bogatyr project, 120 Million EUR o Establishing of Project Status Report (“PSR”) in RT Unit Mining Systems, Essen – also for multi-office-projects globally o Roll-Out of new “Commercial Execution Concept” within RT Unit Mining Systems, Essen o Establishing of reporting of margin improving measures o Establishing of Risk analysis – out of Pro-Risk-Tool o Global Risk Management for all Project Approval-Applications of Business Unit Mining – incl. recommendations for BU Board

  • E.ON Inhouse Consulting at E.ON
    Jan 2013 - Feb 2014 · 1 yr 2 mos

  • Commercial Project Manager // Project- and Contract Management at GEA Group
    Sep 2006 - Dec 2012 · 6 yrs 4 mos

    o Commercial execution of International Projects in Plant Engineering and Construction o contract negotiations incl. Claim Management with international business partners o Risk Management - Management of local contract portions (Turkey/Israel) o Project Controlling incl. PoC Management, Monthly Preparation and Presentation of Project status, Project Cash-Flow Management o Project Planning (SAP/MS-Project) incl. coordination of Logistic-/Supply Chain Management o Management of guarantees incl. alignment with banks on wording