"With Marco Altherr, we are gaining a highly qualified financial expert who will strategically support our company during a crucial growth phase," says Dennis Ziehl, Chairman of the Supervisory Board at Ziehl-Abegg. "His experience in international industrial companies will be of great value to us."
Born in 1974, Marco Altherr brings extensive expertise in financial management. Following a banking apprenticeship and a degree in business administration, he held senior financial positions at renowned companies. Since 2011, he has been part of the Freudenberg Group, where he most recently served as CFO of Freudenberg Performance Materials, overseeing all financial matters. Previous positions at Manroland and Heidelberger Druckmaschinen further complement his professional profile.
Ziehl-Abegg is currently experiencing a phase of strong 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," explains Dennis Ziehl. "For this, we need experienced leaders who can implement long-term strategies with financial foresight."
Altherr will join the executive team alongside Joachim Ley (CEO) and Wolfgang Mayer (CTO). In addition to the traditional CFO responsibilities, he will also oversee IT and human resources.
About Ziehl-Abegg
Ziehl-Abegg (Künzelsau, Baden-Württemberg, Germany) is one of the world’s leading companies in air, control, and drive technology. Its products are used in applications such as heating and cooling systems, cleanroom environments, and agricultural facilities. As early as the 1950s, Ziehl-Abegg laid the foundation for modern fan drives with its development of external rotor motors—technology that remains the industry standard worldwide. Another key business area is the development of electric motors used in elevators, medical applications (such as CT scanners), and deep-sea underwater vehicles.
This high-tech company is known for its strong innovation capability. As of 2023, Ziehl-Abegg employs 2,800 staff at its production sites in Southern Germany, with a global workforce of 5,000. The company operates 15 production plants, 30 subsidiaries, and 117 sales locations worldwide. Its portfolio includes around 30,000 products sold in over 100 countries, generating a turnover of €955 million.
Ziehl-Abegg was founded in 1910 in Berlin by Emil Ziehl as a manufacturer of electric motors. After World War II, the company relocated to Southern Germany. Ziehl-Abegg SE is privately owned and not publicly traded.
For further information, visit www.ziehl-abegg.com