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ZF Friedrichshafen AG - Holger Klein to be new ZF CEO

The current board member for Asia-Pacific, passenger car chassis technology, aftermarket and production will succeed Wolf-Henning Scheider as the supplier's CEO. This is not the only personnel change in the ZF management.

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Holger Klein will take over as CEO of ZF Friedrichshafen AG on 1 January 2023.

Holger Klein will be the new ZF CEO. The current board member for Asia-Pacific, Car Chassis Technology, Aftermarket and Production will take over as CEO of the supplier from Wolf-Henning Scheider at the turn of the year. Scheider had announced in spring that he would not renew his contract, which expires at the end of 2022, and would take on a new challenge outside the automotive industry.

Holger Klein joined ZF in 2014 from the management consultancy McKinsey. He initially led the integration of the acquired US group TRW Automotive. At the beginning of 2017, he became Head of the Car Chassis Technology Division. He has been a member of the ZF Board of Management since autumn 2018.

Peter Laier becomes new Board of Management member for Commercial Vehicle and Industrial Technology.

Also at the turn of the year, Peter Laier will take over responsibility for Commercial Vehicle and Industrial Technology on the Board of Management from Wilhelm Rehm, who is leaving ZF after his contract expires. Laier previously worked for Knorr-Bremse, Benteler and Continental. CFO Konstantin Sauer will also end his work for ZF at the end of the year. The supervisory board will soon decide on his successor.

Company Info

ZF Friedrichshafen AG

Graf-von-Soden-Platz 1
88046 Friedrichshafen
Germany

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