Marelli Names Interim CEO, Appoints New CFO and CHRO Amid Chapter 11 Restructuring
Marelli appoints Fritz Henderson as interim CEO, with Laurent Favre to succeed him, and names Roberto Fioroni as CFO and Helen Redfern as CHRO, as part of its restructuring under Chapter 11.
20 years
4 years
What Happened
Marelli, a global Tier 1 automotive supplier, announced Fritz Henderson as Interim CEO effective immediately, replacing David Slump who stays on the board. The Ad Hoc Group of lenders plans to appoint Laurent Favre as CEO after Henderson's tenure. Additionally, Roberto Fioroni will become CFO and Helen Redfern CHRO on May 1, 2026. The appointments are part of Marelli's ongoing Chapter 11 restructuring.
Fritz Henderson appointed Interim CEO, succeeding David Slump
Roberto Fioroni appointed CFO and Helen Redfern appointed CHRO
Laurent Favre to become CEO
“As Marelli’s Interim CEO, my focus is on ensuring stability and continuity while translating the company’s strengths and potential into sustainable performance and long-term value.”
Why this matters
These leadership moves aim to stabilize Marelli's finances and guide the company out of bankruptcy, potentially impacting its supply to automakers and its future direction.
Terms in This Story
- Chapter 11
- A US bankruptcy code allowing a company to reorganize its debts while continuing operations.
- Tier 1 supplier
- A company that directly supplies parts or systems to an automotive manufacturer.
- Interim CEO
- A temporary chief executive appointed to lead a company during a transition period.
Summarised from the linked release; details can be imperfect — always verify against the original source.