PMG Holding GmbH, Füssen, has announced that Ulrich Mehlmann has been appointed as the company’s CEO following the resignation of Dr Michael Krehl. The company stated that Dr Krehl asked the supervisory board to accept his resignation from his position as Chairman of the management board and CEO due to different opinions on group strategy.
The Vermögensverwaltung Erben Dr Karl Goldschmidt, PMG’s parent corporation added that it is still very interested in Dr Krehl’s expertise and knowledge and has asked him to sign on as an advisor.
Dr Krehl’s career at the PMG group spans almost 20 years. The company added that he has advanced the global footprint of PMG, initiated the development of new products and focused PMG to become a customer oriented company with a high reputation in the automotive industry.
Ulrich Mehlmann, 57, will succeed Dr Krehl as CEO of PMG Holding with immediate effect. Mehlmann has a long track-record in the automotive supply industry and has worked successfully for Delphi Inc., TRW Automotive Inc., Tenneco Inc. and most recently for Neumayer Tekfor GmbH (now part of the Amtek Group), both internationally and in Germany.