Everllence names new financial chief as it edges towards new ownership

Everllence has promoted Fabian Kley to the position of chief financial officer, and he will join the executive board from 1 November.

Dr Kley will be responsible for the finances at the German original engine manufacturer after playing a pivotal role in the company’s upcoming change of ownership.

He has helped Everllence through its modernisation programme and helped in the development of reporting and management tools.

Dr Kley will assume responsibility for finance, which he has already led operationally since March 2026, as an authorised representative of the executive board.

“As finance director, he has successfully guided the finance organisation through preparations for the change in ownership and laid the groundwork for a successful collaboration with Bain Capital,” said Everllence chairwoman of the supervisory board, Hauke Stars.

“At the same time, he has consistently driven the modernisation of the finance function and the further development of reporting and management tools.

“These capabilities are particularly important as the new ownership structure will bring new requirements in this respect,” she said.

In June 2026, Volkswagen struck a US$8.4Bn deal to sell its majority stake in Everllence to Bain Capital, while retaining a 49% interest in the Augsburg-headquartered enginebuilder.

Completion of the transaction is subject to regulatory approvals and a consultation process in France.

Dr Kley, 46, has been with Everllence since 2019. After holding various leadership positions in strategy, he most recently served as senior vice president with responsibility for the company’s corporate strategy and merger activities.

Before joining Everllence, he worked for strategy consultancy, Booz & Company, and energy technology company, Schlumberger.