Marelli strengthens leadership with new appointments

Leading global automotive supplier,
Marelli, has today announced new key appointments in strategic areas, in line
with the objectives outlined in the “Ambition 2024” strategy.

Joachim Fetzer will be appointed to
the new position of Chief Technology and Innovation Officer (CTIO), while
Hannes Prenn will join the company to take on the leadership of the Electric
Powertrain business.

Joachim Fetzer has served Marelli as
EVP, Electric Powertrain CEO, for the last two years, strongly contributing to
the development of the business and positioning it for future growth. In his
new role, he will be dedicated to building the technology roadmaps across the
business, aiming to further elevate Marelli’s position as an innovative Tier 1
supplier.

Hannes Prenn will join Marelli on 1
April as EVP, CEO of the Electric Powertrain business. In this role, he will be
responsible for taking electrification to the next level within Marelli. Hannes
joins Marelli from GKN Automotive, where he spent more than 20 years in a
number of leadership positions. In his last role there, Hannes was Chief
Operating Officer and President of the Electric Powertrain business. 

Marelli will strengthen its focus
also on the key areas of ADAS and Electronics, two areas that are of
significant importance to Marelli’s focused growth strategy.

After five years as CEO of Marelli’s
Electronics business, Heinrich Gerhard Schuering will be now taking on the role
of EVP, Advanced Driver Assistance Systems (ADAS). In the new role, he will be
dedicated to building and executing Marelli’s ADAS growth strategy.

Starting from 1 April Mike Peters
will join as EVP, CEO, Electronics. Mike joins Marelli from the US based
electronics company, Harman International, where he was President of the
Automotive division and previously President of Harman Connected Car. Mike has
been with Harman since 2017 and prior to that spent over 20 years with BMW and
Continental in a variety of leadership positions. Within Marelli Electronics
Business Unit, he will be responsible for further strengthening and deepening
Marelli market position through new technologies, customer relationships, as
well as greater alignment and cross-selling within the company.

Marelli CEO and President, Beda
Bolzenius, said, “The automotive industry is changing at a very fast pace.
There is no time to stand still. Innovation, quality, consistency and
efficiency are just some of the core attributes that remain critical to our
future. These appointments confirm our commitment in building a more innovative
company that is aligned to customer needs”.

Hannes Prenn said, “I am absolutely
delighted and can’t wait to join the Marelli family. It is a big honour for me
to take up the leadership of the Electric Powertrain Division, which is of
strategic importance for the company. This is going to be an exciting journey
that I am extremely proud to be part of. Marelli has everything it needs, and I
have no doubts that we will achieve our ambitious goals in the eMobility
world.”

Mike Peters commented, “I am very
happy to be part of the Marelli team to advance and focus our activities in
electronics, system design, software and cloud services company-wide. I am also
looking forward to strengthen and further develop our positioning in the market
through technology and intensive partnerships.”

MARELLI is one of the world’s leading
global independent suppliers to the automotive sector. With a strong and
established track record in innovation and manufacturing excellence, our
mission is to transform the future of mobility through working with customers
and partners to create a safer, greener and better-connected world. With around
60,000 employees worldwide, the MARELLI footprint includes 170 facilities and
R&D centers across Asia, the Americas, Europe, and Africa, generating
revenues of 13.6 Billion Euro (JPY 1,664 billion) in 2019.