20 January 2020
Secop Group has appointed Frank Elsen as its new CFO and – along with CEO Ricardo Maciel – a new shareholder in the company.
Secop is a market leader in energy efficient compressors for cooling systems primarily for the stationary cooling (light commercial) and mobile cooling (battery driven) sectors.
Frank Elsen previously served as CEO of AHT Cooling Systems, one of Secop’s key customers in the market for commercial cooling systems. He was initially in charge of the finance department and was appointed CEO in September 2018. Under his leadership, AHT showed sustainable profitable growth and was sold to Daikin in March 2019.
Ricardo Maciel, CEO of the Secop Group, said “I am confident that Frank Elsen, with his experience from AHT, is a great addition to the Secop leadership team. Under his leadership, our finance team will continue to be an excellent business partner to all business divisions, to the management of Secop, and to its shareholders.”