WTS Takes BMW Tax and Customs Manager on Board

Further renowned experts enrich in-house knowledge

Munich, 22 February 2011 – The news about Gerd Faber and Prof. Dr. Alexander Hemmelrath joining the WTS GROUP has already caused quite a commotion in the press: With the new partners the WTS Group is now taking two distinguished authorities on board, who can contribute their specialist knowledge above all to consulting services for large groups and private clients.

With the two experts Gerd Faber and Prof. Dr. Alexander Hemmelrath the WTS GROUP could win two particularly valuable partners. Gerd Faber, previously head of the global group functions Tax, Customs and Export Controls at BMW and chairman of the Finance and Tax Committee of the Chamber of Commerce and Industry in Munich and Upper Bavaria will contribute his comprehensive knowledge and skills to the WTS Group. Hence the successful long-term expansion strategy of the WTS Group can be pursued further. Mr Faber, a business practitioner, is regarded as a profound expert in industrial tax and customs duties, has a wide-ranging and very diverse knowledge in the field of tax and customs law processes as well as compliance and enjoys an excellent reputation in financial administration and politics.

Fritz Esterer, CEO of the WTS Group Aktiengesellschaft Steuerberatungsgesellschaft, highly regards Gerd Faber as a great asset and benefit for the business: "The WTS GROUP will especially profit from his operational in-house knowledge when providing consulting services to medium-sized companies and large groups.“

A further expert who knows how companies work is Prof. Dr. Hemmelrath: By winning the "Best Lawyer, Germany“ award presented by the World Finance Legal Awards 2011 he has set the bar considerably high. This benchmark is the result of high quality standards and requirements: "I see myself as an entrepreneur and put myself in the entrepreneur's position. In this context I do not simply pursue a theoretical consulting approach but I look for solution - this is what clients benefit from and decision-makers as well. This strategy helps create the right basis for discussion and expand the consulting potential.“

Pictures and Press Materials

Gerd Faber: from BMW to WTS GROUP

Press Release as PDF

Press contact

Florian Kestler
Business Development & Marketing
Thomas-Wimmer-Ring 1
80539 Munich
Phone: +49 (0)89 286 46-1565
Fax: +49 (0)89 286 46-2323
Email: presse@wts.de

Information about WTS
WTS is an international consulting company with the divisions “Tax” and “Consulting”. The focus of the tax division lies on tax consulting for multinational corporations, national and international medium-sized companies as well as private individuals and non-profit organizations. In the business fields Investment Tax Law, M&A, Private Clients and Non-Profit Organizations, WTS has recently been able to expand the range of our services significantly. With regard to the consulting division, WTS specializes particularly in financial advisory as well as national and international accounting services. Employing more than 400 people and having representations in over 90 countries, WTS ranks among the major international tax consulting companies. WTS solely offers tax and business services consulting without auditing services in order to avoid any conflict of interest between consultancy and audit.