Arnd Franz, currently head of the automotive spare parts dealer LKQ Europe, is to become the new head of the auto parts supplier become meal. This reports the “business week
“, citing several insiders. Accordingly, the appointment still has to be formally confirmed by the internal committees of the foundation group. Franz had already worked for Mahle for several years, where he was also sales manager for the automotive division.
At the same time, Mahle loses its chief financial officer, Michael Frick. According to the report, he, who is currently also interim CEO of the company, will switch to the automotive supplier ZF Friedrichshafen. This position is currently vacant, Wirtschaftswoche also refers to several insiders here.
Recently, there have been frequent personnel changes at the ailing company Mahle. So Matthias Arleth had to left the group on April 30
, he was the third boss after Wolf-Henning Scheider and Jörg Stratmann within four years at the company with over 70,000 employees and a turnover of 10.9 billion euros. Arleth made his way to information from manager magazin a large part of the management to opponents
, he probably wanted too much too fast.
The automotive suppliers are currently in a dramatic crisis. technology change, chip crisis, corona pandemic and last but not least, the rising raw material prices require companies to undergo a fundamental transformation. The situation at Mahle is particularly critical.