Press Center

Share this page on :

Your media collection

0 Items / 0 MB
With download you recognize and accept the terms of use of ZF Friedrichshafen AG.
Delete Download the content as ZIP archive
0 Item(s) / 0 MB

Back to Top

Press Release

ZF Chief Executive Officer Dr. Stefan Sommer Leaves the Company

  • Separation agreed by consensus
  • Sommer’s Deputy Dr. Konstantin Sauer will lead the company until a successor is appointed

Friedrichshafen. The Chairman of the Supervisory Board of ZF Friedrichshafen AG, Dr. Franz-Josef Paefgen, and CEO Dr. Stefan Sommer have agreed to end their cooperation. Dr. Sommer will step down from office with immediate effect. Until a successor is appointed, Finance Board Member and CEO Deputy Representative, Dr. Konstantin Sauer (58), will assume the role of CEO on an interim basis.

ZF Chief Executive Officer Dr. Stefan Sommer Leaves the Company

„We would like to thank Dr. Sommer for his long-standing, successful employment in the company. In his five years of service as the head of ZF, Dr. Stefan Sommer has developed the company with tireless commitment and great vision,” recognized Chairman of the ZF supervisory board Dr. Franz-Josef Paefgen, referring to Sommer’s work.

„The supervisory board will shortly name a successor, and until then, CEO Deputy Dr. Konstantin Sauer will assume the position at the head of the company on an interim basis. As member of the Board of Management of ZF responsible for Finance, IT and M&A activities, he will guarantee the stability of the company and has our complete trust.”

Media

Press Release
ZF Chief Executive Officer Dr. Stefan Sommer Leaves the Company
Press Release
07/12/2017
Image
ZF - Dr. Stefan Sommer, Dr. Konstantin Sauer
Image
07/12/2017

Press contact

Christoph Horn
Christoph Horn
Head of Corporate Communications
Thomas Wenzel
Thomas Wenzel
Director External Communications