Fras-le announces the appointment of Pedro Ferro, as the new chief executive officer. Mr. Ferro joined Fras-le effective June 2 after a successful career at Meritor as senior vice president and president of aftermarket and 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. Pedro succeeds Daniel Randon, new CFO of the Randon Group.
Fras-le, headquartered in Brazil is a global company and one of the largest friction materials manufacturers in the world, according to the company.
Established in international markets for over 40 years, Fras-le has state-of the art facilities in Brazil, United States and China. Supporting Fras-le’s global presence are, warehouses in Germany, United Arab Emirates and Argentina. Commercial offices located in Chile, Mexico and South Africa.
Fras-le´s products are predominantly in use on the roads of more than 100 countries in five continents. As the world´s largest manufacturer of brake linings for commercial vehicles, Fras-le has national and international quality and safety certificates. Fras-le’s research and development center, which includes a state-of-the-art proving ground, is considered one of the most modern and well-equipped centers in the world.
The conglomerate of Randon Companies began in 1949 and currently produces one of the largest product portfolios in the world, in the segment of commercial vehicles, railroad and off-road applications. Randon sets a global benchmark within the transportation industry, partners with strategic world-class companies and is among the largest private corporations in Brazil.
“These organizational structure changes are part of Randon Companies strategic direction for constant and sustainable growth," stated President David Randon.