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    1. Home
    2. >Business
    3. >Forvia says CEO Koller to step down in March 2025, succeeded by Martin Fischer
    Business

    Forvia Says CEO Koller to Step Down in March 2025, Succeeded by Martin Fischer

    Published by Uma Rajagopal

    Posted on December 3, 2024

    1 min read

    Last updated: January 28, 2026

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    The image illustrates the leadership transition at Forvia, highlighting CEO Patrick Koller's upcoming departure and Martin Fischer's appointment. This leadership change is crucial for the automotive supplier, impacting its future strategies.
    Forvia CEO Patrick Koller announces succession to Martin Fischer - Global Banking & Finance Review
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    Tags:Appointmentmanagementfinancial communitycorporate governancefinancial markets

    Quick Summary

    (Reuters) – Forvia has appointed Martin Fischer to replace Patrick Koller as its CEO from the beginning of March 2025, the French car parts supplier said on Tuesday.

    (Reuters) – Forvia has appointed Martin Fischer to replace Patrick Koller as its CEO from the beginning of March 2025, the French car parts supplier said on Tuesday.

    Fischer, an auto industry veteran who most recently served as a member of ZF Group’s management board, will join Forvia as a deputy CEO on Friday to ensure a smooth transition, it said.

    Koller will step down as CEO on March 1 after eight years at the helm. Forvia did not specify a reason for his departure in the statement and was not immediately available for a comment.

    The CEO change was expected, Oddo analyst Michael Foundoukidis said, adding Fischer has an interesting engineering profile considering the numerous technological challenges auto suppliers like Forvia are facing.

    “The choice of Martin Fischer seems a good one to us given his extensive and diversified background in the supplier industry, with a strong electronics background and experience in both the EU and the Americas,” Foundoukidis said.

    Forvia shares were down 4.2% by 0902 GMT. They have fallen more than 60% so far this year.

    (Reporting by Mathias de Rozario in Gdansk; editing by Milla Nissi)

    Frequently Asked Questions about Forvia says CEO Koller to step down in March 2025, succeeded by Martin Fischer

    1What is corporate governance?

    Corporate governance refers to the systems, principles, and processes by which a company is directed and controlled, ensuring accountability, fairness, and transparency in a company's relationship with its stakeholders.

    2What are financial markets?

    Financial markets are platforms where buyers and sellers engage in the trade of assets such as stocks, bonds, currencies, and derivatives, facilitating the flow of capital and liquidity in the economy.

    3
    What is an analyst?

    An analyst is a professional who evaluates and interprets data to provide insights and recommendations, often in finance, investment, or market research, helping organizations make informed decisions.

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