Michael Cesarz named CEO MULTI at thyssenkrupp Elevator

Michael Cesarz appointed CEO for MULTI at thyssenkrupp Elevator: The executive board decided to consolidate its latest innovation in a separated unit, a more business efficient way to fully industrialize and explore the potential of the new technology.

The newly created MULTI team is responsible for a new transportation system capable of truly transforming how our buildings and cities are shaped. Free from ropes, this revolutionary design moves elevator cars both vertically and horizontally like in a continuous metro system, with multiple cars per shaft. The MULTI brings greater capacity and shorter waiting times to users; it sets no limits in building height or shape, allowing architects to completely rethink designs; and it saves a significant amount of space inside buildings, improving the business case for real estate developers and investors.

Prof. Cesarz has built a successful career that includes stints at numerous prestigious companies. The trained architect is considered a specialist in innovative developments and has garnered considerable attention for designing the Meydan Mall in Istanbul, Turkey, as well as follow-up concepts for spectacular buildings such as ‘The Edge’ in Amsterdam, the Netherlands, which will be constructed in Berlin, Germany.

“I’m really looking forward to my new position. After all, this is a truly revolutionary piece of technology with an infinite number of possible uses, especially in terms of mobility in the smart cities of the future. It’s now time to make the most of these opportunities and tap into the potential that MULTI offers,” Cesarz adds.

Cesarz has not just gained extensive professional experience within Europe, but also in Dubai, UAE, where, as CEO of the Majid Al Futtaim shopping mall chain, he designed over 20 subsidiaries throughout the Middle East. Prior to this, he was in charge of the Real Estate business unit and Asset Management of the METRO Group based in Düsseldorf, Germany. Cesarz was also an Executive Board Member at the clothing chain Peek & Cloppenburg in this same city, where he focused primarily on development and expansion.

In addition to his architectural expertise, Cesarz is also considered a specialist in the areas of design, development, project management, and business operations throughout the entire real estate sector.