The Supervisory Board of Ziehl-Abegg has named Marco Altherr as its new Chief Financial Officer (CFO). Altherr, who has an extensive background in financial management within the industrial sector, will assume his role in May.
"With Marco Altherr, we are gaining a highly qualified financial expert who will strategically support our company during a crucial growth phase," said Dennis Ziehl, Chairman of the Supervisory Board at Ziehl-Abegg. "His experience in international industrial companies will be of great value to us."
Altherr, born in 1974, has built his career in finance after completing a banking apprenticeship and earning a degree in business administration. He has held senior financial roles at several industrial companies, including Manroland and Heidelberger Druckmaschinen. Since 2011, he has been with the Freudenberg Group, most recently serving as CFO of Freudenberg Performance Materials, where he was responsible for all financial operations.
Ziehl-Abegg is currently undergoing significant expansion, with investments in new production facilities, including a major project in the USA. "We are consciously embracing the challenges of the future and focusing on sustainable growth," said Dennis Ziehl. "For this, we need experienced leaders who can implement long-term strategies with financial foresight."
As CFO, Altherr will be part of the executive team alongside CEO Joachim Ley and CTO Wolfgang Mayer. In addition to finance, his responsibilities will include overseeing IT and human resources.