Frank B. Jehle becomes CFO of the BENTELER Group

Salzburg, August 19, 2020. Frank B. Jehle strengthens the BENTELER Group as CFO and member of the Executive Board with effect from September 1, 2020. Frank B. Jehle succeeds Guido Huppertz, who left the company in July 2020. Frank B. Jehle will be responsible for Finance/Controlling, Legal & Insurance, Internal Audit and Tax.

The experienced financial expert brings with him over two decades of expertise in the automotive industry: Frank B. Jehle worked for the automotive supplier Mann + Hummel for about ten years as commercial director and deputy chairman of the management board. He started his career at the car manufacturer Ford, for which he worked for a total of 10 years in various positions in Europe – most recently as Finance Director and Member of the Executive Board of Ford Benelux, Switzerland and Austria. Jehle joins BENTELER from the Long Term Equity company Cranemere, where he was responsible for the European business as Senior Managing Director.

Frank B. Jehle, CFO of the BENTELER Group, explains: "I am pleased to strengthen the Executive Board of the BENTELER Group and to drive the restructuring of the company together with Mr. Göttel and Dr. Haselhorst forward. It is to lead BENTELER – as one of the leading automotive suppliers – through these for the entire market challenging times strengthened into the future. I will do everything in my power to achieve this."

Ralf Göttel, CEO of the BENTELER Group: "We are very pleased that we could win Mr. Jehle as CFO and member of the Executive Board of BENTELER International AG. As a renowned financial expert with many years of experience in the automotive industry, he brings extensive expertise and in-depth knowledge of the industry. In his role as CFO, he will make a very significant contribution to the long-term stabilization of the company and provide significant support for the implementation of the restructuring measures. I look forward to working closely with him."

In the coming months, the Executive Board, strengthened by the CRO Dr. Arno Haselhorst and the new CFO, will continue to focus on the transformation of the Group.
Ralf Göttel emphasizes: "In the context of the Covid-19 pandemic, our transformation program is more important than ever. We have intensified and further accelerated the restructuring measures. Our clear goal is to position our company securely for the future.”