The MAHLE Supervisory Board has made two new appointments to positions on the Group Management Board. Arnd Franz will become CEO and Chairman of the Management Board of the MAHLE Group.
Franz, who holds a degree in business administration, has been the CEO of LKQ Europe GmbH, Zug (Switzerland) since 2019 and is now returning to MAHLE, where he had previously worked for 18 years. Franz will take up his position as CEO on November 1.
Michael Frick, a long-standing Member of the Group Management Board responsible for Finance (CFO), is leaving the company at his own wish and resigning on November 1. His successor is Markus Kapaun. Kapaun holds a degree in business administration and has worked for the Group for almost 20 years, most recently as Vice President Finance & Accounting Europe.
“I am pleased that we have been able to recruit Arnd Franz, an experienced general manager with a profound understanding of technology and proven expertise in the automotive industry, for the position of CEO,” said Prof. Dr. Heinz K. Junker, Chairman of the MAHLE Supervisory Board.
For more information, visit mahle.com.