Fras-le announces the appointment of Pedro Ferro as its new CEO. Mr. Ferro joins Fras-le effective June 2nd after a successful career at Meritor as Senior Vice President and President of Aftermarket & Trailers. He also held several executive positions over the years, including with The Marmon Group, Motor Coach Industries and Cummins Inc.
As part of the Randon Group of companies, Fras-le has over 60 years as a global leader in the development and manufacture of friction materials, brake pads, brake linings, clutch facings, industrial materials and others.
Mr. Ferro succeeds Daniel Randon, who is now CFO of the Randon Group.
“These organizational structure changes are part of Randon Companies strategic direction for constant and sustainable growth," says company president, David Randon.