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MAHLE Supervisory Board Appoints New CEO & CFO

Autosphere » Mechanical » MAHLE Supervisory Board Appoints New CEO & CFO
Arnd Franz (left) is to become the new CEO and Markus Kapaun the new CFO of the MAHLE Group effective November 1, 2022. Photo MAHLE

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.

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), a 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 on 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 of 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. “Arnd Franz is thoroughly conversant with the Group thanks to his former positions with the company and outstandingly well-networked. Together with the other members of the Management Board and the entire workforce, he will forge ahead with the transformation of MAHLE in challenging times.”

Markus Kapaun

“Markus Kapaun is a finance expert who has gained an outstanding reputation within the company during his many years with MAHLE. He will seamlessly continue the work of his predecessor Michael Frick,” said Heinz Junker, explaining Kapaun’s appointment. “On behalf of the boards of MAHLE, I would like to thank Michael Frick for almost 20 years of outstandingly loyal and dedicated service to the company. Especially during the past few years since the outbreak of the pandemic, which has been extremely demanding, and in view of other difficult external factors, his work deserves special recognition. Michael Frick has my best wishes for the future.”

Arnd Franz

After studying business administration, Arnd Franz started his career in 1992 with Deutsche Industrie‐Holding GmbH & Co. KG, Frankfurt am Main. He was then Commercial Director with TEV GmbH, Erlensee and Director Finance with Magna Seating Systems Europe GmbH, Lohr am Main. Franz, who was born in Stuttgart, joined MAHLE Tennex North America Inc., Murfreesboro (USA) as Managing Director in 2001. In subsequent years, he held various positions at the Stuttgart headquarters of the MAHLE Group before becoming CEO of LKQ 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 emphasizes the need for fuel cell, as well as sustainable fuels for internal combustion engines, in order to achieve climate targets.

 

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