Frank Markus Weber becomes new CFO of Knorr-Bremse AG

Mar 13, 2020   People

Frank Markus Weber (50) will take over the position of CFO of Knorr-Bremse AG as of August 1, 2020. Recently, he held outstanding positions at Mercedes Benz AG and Daimler AG, where he influenced numerous entrepreneurial decisions.

He has extensive experience in the financial and truck sector in particular, also through his position as CFO of Mitsubishi Fuso Truck & Buses in Tokyo, Japan, and Daimler Trucks Asia. At Daimler he led important projects with great significance for the Daimler group such as digitalisation, corporate development and cost efficiency programmes.

Prof. Dr. Klaus Mangold, Chairman of the Supervisory Board of Knorr-Bremse AG, said: "I am delighted that in Mr. Weber we have been able to recruit an outstanding management personality for Knorr-Bremse AG. With his excellent experience in strategy, capital market communications, controlling and M&A, he will contribute to the future growth of Knorr-Bremse Group."

Frank Markus Weber explained: "Knorr-Bremse is a high-tech company with an excellent position in the rail and commercial vehicle sector, and I look forward to playing my part in actively shaping this company in the future."

Bernd Eulitz, Chairman of the Executive Board of Knorr-Bremse AG, will provisionally manage the company´s finance devision during the transition period following the departure of Ralph Heuwing on April 30, 2020.

Frank Markus Weber holds a business degree (University of Tübingen).

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