On February 1, 2018, Wolf-Henning Scheider will serve as the new CEO of ZF . Scheider will take over from Dr. Konstantin Sauer, Chief Executive Officer and Zeffg Group. The 55-year-old Wolf-Henning Scheider graduated in business administration and has many years of management experience in technology companies, including Bosch and Mahler. Dr. Franz-Josef Paefgen, Chairman of the ZF Supervisory Board, said: "While acting as CEO of the Mahle Group, Wolf-Henning Scheider demonstrated his extraordinary ability in the process of change."
ZF's new CEO Wolf-Henning Scheider ZF's new CEO Wolf-Henning Scheider

Paefgen said: “Scheider is not only an expert in the industry, but also has a wealth of technical knowledge and excellent communication skills, which makes him a leader who can lead the way. He will systematically continue ZF’s 2025 strategy. He also has a long-term vision and can gradually promote change. He will continue to communicate with the parties with his keen touch and lead ZF to meet the changes and challenges commonly faced by the automotive industry."

“We are very grateful to Dr. Konstantin Sauer, Dr. Konstantin Sauer, who also served as the Group’s Chief Financial Officer and fulfilled the duties of Deputy Chief Executive Officer during the transition period of the Group, and ensured the company’s stability. We also thank Mahler for providing the company with Wolf-Henning Scheider was able to take over quickly at the ZF Group. The two companies did not have any overlap in their products, which made the process a great deal," continued Paefgen.

ZF shareholders, including the Zeppelin Foundation and the Ulderup Foundation, welcomed the appointment of Wolf-Henning Scheider. Dr. Andreas Brand, representative of the Zeppelin Foundation, and Dr. Joachim Meinecke, representative of the Ulderup Foundation, said: “Wolf-Henning Scheider has outstanding management skills and personal qualities. It also has the rich experience, leadership and strategic thinking needed to take on this important task. He has a wealth of resources in the industry and knows well the tasks and challenges facing the automotive and parts industries; we are all looking forward to working with him."

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