CEO Matthias Arleth to leave MAHLE at the end of April

Stuttgart, April 15, 2022

  • Mutual agreement on termination
  • Michael Frick, Deputy Chairman of the Management Board and CFO, to chair the Management Board until a decision on a successor is made

MAHLE and Matthias Arleth (54), Chairman of the Management Board and CEO, have decided to terminate their cooperation by mutual agreement. This step is due to differing opinions on the future strategic orientation of the group. Arleth had joined the technology group in January 2022. Until a decision on a successor as CEO has been taken by the Supervisory Board, Michael Frick (55), Deputy Chairman of the Management Board and CFO, is to act as Chairman of the Management Board.

Prof. Dr. Heinz Junker, Chairman of the Supervisory Board of MAHLE, said: “Even if we had different opinions on the strategic orientation of MAHLE in the final resort, I would like to thank Matthias Arleth on behalf of the entire MAHLE team for his considerable commitment. He has our best wishes for his future.”

“We are convinced that the Management Board will successfully continue the transformation path that has been adopted in the face of considerable challenges and will therefore strengthen the competitiveness of the MAHLE Group in the long term,” Prof. Dr. Heinz Junker emphasized. “MAHLE is and will remain a strong and reliable partner to the automotive industry and a technology driver for the mobility of the future.”

 

img

Leaving the MAHLE Group: Matthias Arleth

Download [JPG; 5917 KB]
img

Michael Frick, Deputy Chairman of the Management Board and CFO is to act as Chairman of the MAHLE Management Board ad interim.

Download [JPG; 3694 KB]

 

Contact at MAHLE Communications:

Manuela Höhne
Director MAHLE Communications
Phone: +49 711 501-12506
E-Mail: manuela.hoehne@mahle.com