photo: VTG / Public domain/Dr. Mani Herold
VTG Group is shaking up its leadership as rail logistics faces challenges. Dr. Mani Herold’s appointed CFO while the company focuses on stability and growth.
VTG Group in their press release announced the appointment of Dr. Mani Herold as its new Chief Financial Officer (CFO) and member of the Executive Board of VTG GmbH. Herold will officially step into the role on April 1, 2025, taking over from interim CFO Björn Schwarten, who has been serving in the position since the transition began, as RAILTARGET previously reported.
Dr. Mani Herold's Leadership Rooted in Experience
Dr. Herold’s appointment brings nearly 30 years of international experience in strategic and operational finance to VTG Group. According to RAILMARKET, most recently, he served as CFO at Rodenstock Group, where he led the transformation of finance and IT functions. Before that, his career spanned multiple industries, including positions at Pfleiderer Group and Cerdia International, both private equity-owned companies.
Moreover, VTG reports that Dr. Herold also held a key role at E.ON, managing finance operations for its international business unit. Earlier in his career, he spent over a decade advising global clients in mergers, acquisitions, and capital market transactions during his time at Goldman Sachs and Merrill Lynch.
Speaking about his new role, Herold stated: "Few other European asset and logistics companies have the potential of VTG. I am very pleased to become part of the VTG Group and to support the company's transformation and growth course with a financing strategy geared towards long-term stability in these challenging times."
VTG continues to innovate and adapt in a competitive market with the new appointment of Dr. Herold signaling a renewed focus on financial optimization as the company expands its footprint across Europe. “As the market leader in private wagon leasing, we strive to continuously improve for our customers and to promote rail freight transport in Europe in a future-oriented manner," said Alberto Nobis, CEO of VTG GmbH. "A strong financial foundation and the constant pursuit of operational excellence are the basis for this. I am convinced that Mani Herold, with his extensive expertise in finance and his great leadership skills, is an excellent addition to the VTG Executive Board and will play a key role in leading VTG successfully into the future."
A Must for VTG: Dr. Mani Herold's Future-Focused Vision
Herold’s track record of managing large-scale transformations and his ability to align finance with business growth make him uniquely suited to VTG’s evolving needs. His experience in private equity-driven environments and expertise in sustainable financial solutions will be key assets in ensuring VTG’s success as the company has been focusing on bolstering its financial stability and expanding its competitiveness. The company continues to prioritize investments in technology, efficiency, and sustainability to meet increasing demand for environmentally friendly logistics solutions.
Source: VTG; RAILTARGET; RAILMARKET