SAF-Holland appoints interim CFO

Equipment specialist, SAF-Holland SE, has welcomed an interim Chief Financial Officer (CFO) to its executive management team.

Wilfried Trepels accepted the interim position, effective 16 May 2022.

He has previously held the CFO role from 2005 to 2016 and will be responsible for the areas of Finance, Accounting and Controlling, Internal Audit, IT, Legal and Compliance as well as Investor Relations, Corporate & ESG Communications.

“Immediately after Ms Koljonen expressed her wish to leave the company, we started the search for a successor,” said Dr Martin Kleinschmitt, Chairman of the Supervisory Board of SAF-HOLLAND SE.

“We are in promising talks with candidates but can already foresee that a permanent replacement cannot be implemented at a prompt date.

“At the same time, the large number of strategic issues in the area of responsibility of the CFO makes it necessary to have a proven financial expert with industry experience in this position as soon as possible, and thus also to relieve Alexander Geis.

“Wilfried Trepels is a proven expert in the commercial vehicle industry and an experienced CFO, as well as being very well connected and knowledgeable in dealing with international investors. I would like to expressly thank him for making himself available for this important task.”

Alexander Geis, Chairman of the Management Board of SAF-Holland SE, added: “We have both already worked together very successfully and in a spirit of trust on the Group Management Board of SAF-Holland SA from 2011 to 2016. We have set ourselves a lot of goals with our Strategy 2025. To achieve this, we need an excellently managed finance department. With the appointment of Wilfried Trepels, we can ensure exactly that.”

In other news, in the US, SAF-Holland is upgrading a distribution centre.

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