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Mahle: Saying
goodbye to the internal combustion engine is hard on the supplier
Photo: Fabian Sommer/ picture alliance/dpa
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"Different views" about the strategy: Mahle boss
Matthias Arleth
will leave the company at the end of the month
The CEO of the automotive supplier Mahle, Matthias Arleth, is leaving the company on April 30.
Mahle announced on Friday that the "amicable termination of the cooperation" was due to different views on the future strategic orientation of the group.
Until the Supervisory Board decides on a successor, Michael Frick (55), Deputy Chairman of the Management Board, will take over as Chairman of the Management Board.
Arleth joined the technology group in January 2022.
The Stuttgart group is in crisis and is struggling with the upheaval in the automotive industry.
For a long time, the company had mainly earned its money with parts for the combustion engine.
However, many car manufacturers are increasingly relying on e-mobility, so that the sale of pistons, pumps and filters is no longer a viable business area in the long term
la/dpa
