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Germany's Freudenberg appoints new CEO & CFO

17 Nov '23
2 min read
Dr. Andreas Raps & Marco Altherr. Pic: Freudenberg
Dr. Andreas Raps & Marco Altherr. Pic: Freudenberg


  • Effective January 1, Freudenberg will see Dr Andreas Raps become CEO, succeeding Dr Frank Heislitz, and Marco Altherr take over as CFO from Thomas Herr.
  • The board will include John McNabb as CTO. Raps, a member of Freudenberg SE's executive council, was previously CEO of EagleBurgmann. Altherr, CFO of Vibracoustic SE, held roles at Freudenberg & Co. KG.
New appointments to the management board of Freudenberg Performance Materials will come into effect on January 1, 2024. Dr Andreas Raps succeeds Dr Frank Heislitz as chief executive officer (CEO), and Marco Altherr takes over from Thomas Herr as chief financial officer (CFO). From January 1, 2024, the management board of Freudenberg Performance Materials will therefore consist of: Dr Andreas Raps (CEO), Marco Altherr (CFO) and John McNabb (CTO). McNabb has been CTO since 2018. Heislitz and Herr will become members of the Freudenberg group board of management on January 1, 2024.

“Freudenberg Performance Materials is a leading global manufacturer of innovative technical textiles. I’m honoured and excited to further drive key elements of success, such as customer centricity, digitalisation and sustainability,” Raps said.

“With Dr Andreas Raps and Marco Altherr, two internationally experienced managers are joining the Freudenberg Performance Materials board of management. Both have a wealth of expertise and have made outstanding contributions to the development of the Freudenberg Group. Together with John McNabb, they form a strong leadership team,” Dr Mohsen Sohi, CEO of the Freudenberg Group, said.

Raps has been a member of the Freudenberg SE executive council since 2020 and CEO of EagleBurgmann, a joint venture between the Japanese EKK Group and the Freudenberg Group, since 2016. He previously held several executive management positions at Freudenberg Sealing Technologies from 2004, most recently as CEO of the global Special Sealing Division with 17 manufacturing sites worldwide. Before joining the Freudenberg Group, Raps worked for various management consulting companies in Boston, US, Munich, Germany, and Zurich, Switzerland. He holds an MBA from the University of Passau. Alongside his job as a consultant, he obtained a PhD with a thesis on strategy implementation in business administration.

Marco Altherr has been the CFO of Vibracoustic SE, a Freudenberg Group company, since 2020. He held various senior management positions at Freudenberg & Co. KG, the technology group’s holding company, from 2015 to 2020, most recently as the head of corporate controlling and accounting. Prior to joining Freudenberg, he served in several management roles at Manroland AG, Heidelberger Druckmaschinen, Boehringer Ingelheim and Arthur Andersen. He holds a degree in business administration specialising in controlling and financing from Lahr University.

Fibre2Fashion News Desk (RR)

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