Arxada Appoints Peter Frauenknecht as Chief Financial Officer

Arxada announced the appointment of Peter Frauenknecht as chief financial officer (CFO), effective immediately. Frauenknecht will be based in Basel and will join the Arxada Executive Leadership Team.

Frauenknecht joins Arxada from specialty chemicals technology company Atotech Group, where he has been CFO since 2017. At Atotech, Frauenknecht was a key member of the leadership team that transformed the business after the carve-out from the previous owner. Subsequently, he helped significantly increase the value of the company and was instrumental in its listing on the New York Stock Exchange.

Frauenknecht was responsible for the creation of professional, standalone finance and IT infrastructure at Atotech, drove numerous value creation initiatives and readied the company for capital markets. Frauenknecht brings extensive financial leadership experience in both private and public companies, having held CFO and executive management roles at Constantia Flexibles and OSRAM.

Jan Kantowsky, who has served as interim CFO since February 2022, will ensure a smooth transition before returning to global consulting firm AlixPartners.

“I am delighted to welcome Peter to the Arxada management team at a time of significant expansion for the company,” Marc Doyle, CEO of Arxada, said. “Peter’s experience will be invaluable as we continue to build on our strong foundations and further grow our business. I would like to thank Jan Kantowsky for his work as interim CFO and wish him well in his future endeavors.”

“I am pleased to be joining Arxada at such an exciting time for the company,” Frauenknecht added. “Since launching as an independent company, Arxada has made significant progress and I look forward to working closely with the leadership team to deliver on its strategy and move the company into the next stage of its growth.”