Marelli, a global Tier 1 automotive supplier headquartered in Saitama, Japan, appointed Frederick "Fritz" Henderson as Interim Chief Executive Officer on April 13, 2026, replacing David Slump, who will remain on the company's Board of Directors until Marelli completes its Chapter 11 restructuring. The Ad Hoc Group of lenders simultaneously named Laurent Favre as Henderson's designated successor once the interim period concludes.

Henderson previously served as CEO of General Motors, CEO and Chairman of Suncoke Energy, and non-executive Chairman of Adient.

"These appointments are designed to transition Marelli's leadership team as we seek to complete our restructuring. Fritz's operating experience and automotive expertise will be invaluable to Marelli as we work through the final months of this process," said Executive Chairman Dinesh Paliwal.

"Marelli is distinguished by its exceptional technology, long-standing customer relationships and tremendous global talent," said Henderson. "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. In the near term, my priorities are to finalize our strategic roadmap and support a successful emergence from Chapter 11. I am also pleased to welcome Roberto Fioroni as CFO and Helen Redfern as CHRO. Their experience and capabilities will further strengthen Marelli and support the company through this important transition and into its next phase of growth."

Marelli also named Roberto Fioroni as Chief Financial Officer and Helen Redfern as Chief Human Resources Officer, both effective May 1, 2026. Fioroni and Redfern join from Dowlais Plc, where they served as CFO and Chief People Officer respectively. Fioroni brings 20 years of financial leadership experience, including prior roles at General Electric, Goodyear, and Wabco. Redfern has held HR leadership positions at Kier Group, Ferguson, and Sainsbury's.

Fioroni succeeds Alanna Abrahamson as CFO.

Paliwal said: "The Board thanks David Slump for his contributions to the company's operational and commercial restructuring and for guiding the business through a critical period under Chapter 11, ensuring continuity and stability across our global operations. We are grateful for his leadership, discipline and commitment to Marelli and its stakeholders."

Slump commented: "As Marelli finalizes its strategic roadmap and prepares for its next phase of growth, now is a natural time to transition leadership. I'm proud of our team's achievements over the past four years, particularly the steps taken in innovation and technology, and I am optimistic that Marelli will continue to build on its legacy following emergence from chapter 11. I want to thank Alanna for her leadership and contributions and wish her the best in future endeavors."

Marelli employs over 40,000 people across more than 150 sites globally.