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Ziehl-Abegg appoints Marco Altherr as CFO

Künzelsau-based industrial company says Altherr is an experienced financial expert
L-R: Marco Altherr and Dennis Ziehl – Photo credit: Ziehl-Abegg/Rainer Grill

KÜNZELSAU, Baden-Württemberg, Germany, 7 March 2025: The Supervisory Board of Ziehl-Abegg has appointed Marco Altherr as the company’s new Chief Financial Officer (CFO). Making the announcement through a Press Release, Ziehl-Abegg said Altherr is an experienced financial expert with a long-standing career in leading industrial enterprises. He will assume his position in the month of May, the company added.

“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, Supervisory Board, Ziehl-Abegg. “His experience in international industrial companies will be of great value to us.”

Born in 1974, Altherr brings extensive expertise in financial management, the company said. Following a banking apprenticeship and a degree in business administration, he held senior financial positions at renowned companies, the company said. Since 2011, he has been part of the Freudenberg Group, where he most recently served as CFO, Freudenberg Performance Materials, overseeing all financial matters, the company said. Previous positions at Manroland and Heidelberger Druckmaschinen further complement his professional profile, the company added.

Ziehl-Abegg said it is experiencing a phase of strong expansion, with investments in new production facilities, including a major project in the United States. “We are consciously embracing the challenges of the future and focusing on sustainable growth,” Ziehl said. “For this, we need experienced leaders who can implement long-term strategies with financial foresight.”

According to Ziehl-Abegg, Altherr will join the executive team alongside Joachim Ley, CEO, and Wolfgang Mayer, CTO. In addition to the traditional CFO responsibilities, the company said, he will oversee IT and human resources.