ZF CEO Sommer Steps Down

December 7, 2017

From left: Former CEO Dr. Stefan Sommer with Dr. Konstantin Sauer (Photo: ZF)
From left: Former CEO Dr. Stefan Sommer with Dr. Konstantin Sauer (Photo: ZF)

ZF Friedrichshafen AG chief executive officer Dr. Stefan Sommer has left the company after five years at the head.

Finance Board Member and CEO Deputy Representative, Dr. Konstantin Sauer, will fill in as CEO on an interim basis.

The news follows the company's recent appointment of Dr.-Ing. Franz-Josef Paefgen as its new chairman.

Logistics News

Baltic Index Drops to Four Week Low

Baltic Index Drops to Four Week Low

HD Hyundai to Supply Four Port Cranes to Tacoma

HD Hyundai to Supply Four Port Cranes to Tacoma

Baltic Container Terminal Handles Longest, Largest Vessel to Call at Gdynia Port

Baltic Container Terminal Handles Longest, Largest Vessel to Call at Gdynia Port

DP World Completes Dredging Milestone for Senegalese Container Port

DP World Completes Dredging Milestone for Senegalese Container Port

Subscribe for Maritime Logistics Professional E‑News

Telecom Italia's second-quarter earnings core meet expectations
Airbus has paid a fine of PS6 Million in the UK export control probe
As investor demand cools, yields rise as a result of hyperscaler debt binge