After working at Märklin (digitization) and Kärcher (head of development), Dr. Ing. Veit was Chairman of the Executive Board at Festo AG until 2016. He works with his company "4.0-VeIT" with top technology companies and is on 10 supervisory boards. "4.0-VeIT" is one of the 5 largest supervisory offices in Germany. He was in the leadership circle "Industry 4.0" (in D) as well as in the Innovation Council of the Federal Republic with the Federal Chancellor as well as Cabinet.