Former Chief Executive Officer, Forvia (retired March 2025)
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Retired from executive role March 2025; the deleveraging mandate he initiated under Power25 is being executed by successor Martin Fischer under the IGNITE strategy
Apollo Global Management agreed on April 27, 2026 to buy Forvia's interiors business for €1.82 billion (about $2.1 billion)—the largest auto-supplier carve-out announced this year. The unit running 59 plants across 19 countries generated €4.8 billion in revenue last year making instrument panels, door panels and center consoles for nearly every major carmaker. Forvia shares surged 8 percent in Paris the following morning as investors welcomed the prospect of more than €1 billion in net debt reduction.
Updated May 31
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