DRÄXLMAIER appoints new CFO

05. December 2016 The DRÄXMAIER Group has appointed Markus Scheitzach, age 41, as its new chief financial officer.

The 41-year-old will take over the function effective March 1, 2017. "We are very delighted to have a renowned financial expert with extensive international experience join our company," said Fritz Dräxlmaier, CEO and chairman of the executive board.

The new CFO has earned his business degree in Regensburg. He joined Osram in 2001 where he held different positions in the finance area for the last 15 years in Germany, Asia and the USA, among others.

Prior to joining DRÄXLMAIER he was the CFO of Osram's Digital Systems division. 

 

General information

About
DRÄXLMAIER Group

The DRÄXLMAIER Group supplies premium automobile manufacturers worldwide with complex wiring harness systems, central electrical and electronic components, exclusive interiors, and battery systems for electric mobility. The globally present company thereby covers the entire process chain: from the initial idea, through the development process, and up to precisely in-sequence delivery of the products to the assembly lines of automobile manufacturers. As a family business, DRÄXLMAIER also attaches particular importance to responsible and sustainable business practices for the benefit of people, the environment and society.

Founded in Germany in 1958, the company employs over 70,000 employees at more than 60 sites in over 20 countries. In 2023, the DRÄXLMAIER Group generated sales of 5.6 billion euro. Its customers include Audi, BMW, Jaguar, Land Rover, Maserati, Mercedes-Benz, MINI, Porsche and Volkswagen, as well as Californian premium automotive manufacturers.