Automotive Parts Manufacturer Mahle Appoints New CEO & CFO
The Mahle Supervisory Board has made two new appointments to positions on the Group Management Board. Arnd Franz is to become CEO and Chairman of the Management Board of the Mahle Group.
Arnd Franz, the 57-year-old, who holds a degree in business administration, has been 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, 2022.
Michael Frick (56), long-standing Member of the Group Management Board responsible for Finance (CFO), is leaving the company at his own wish and is resigning with effect from November 1, 2022.
His successor is Markus Kapaun. The 48-year-old, who holds a degree in business administration, has worked for the Group for almost 20 years, most recently as Vice President Finance & Accounting Europe.
Arnd Franz is committed to clean, safe, affordable mobility. He supports fair competition between the best technologies for the carbon-neutral traffic of the future. In addition to the importance of battery-electric drive systems, he also emphasises the need for the fuel cell, as well as sustainable fuels for internal combustion engines, in order to achieve climate targets.
To date, Markus Kapaun has spent his entire career with the Mahle Group. Following the completion of his course in business administration, Kapaun, who was also born in Stuttgart, joined Mahle as a Trainee in the Corporate Controlling department in 2003. He was subsequently Head of Controlling of Mahle South America in Brazil (2007 - 2010) and Director Controlling in Stuttgart for the Industry Business Unit (2010 - 2012) and the Filtration & Engine Peripherals Business Unit (2012 - 2016).
He was then appointed Vice President Finance, Accounting, IT & Legal Affairs North America with Mahle Industries., Famington Hills (USA). Since 2020, Kapaun has been Vice President Finance & Accounting Europe of the Mahle Group in Stuttgart and also a member of the Management Board of Mahle Behr Verwaltung GmbH.
