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

Oil Exports to Increase From Russia's Western Ports in August

Oil Exports to Increase From Russia's Western Ports in August

CBOT Wheat Prices Rise As Russia, Ukraine Conflict Threatens Exports

CBOT Wheat Prices Rise As Russia, Ukraine Conflict Threatens Exports

Lemissoler Navigation Names Bulk Vessel Pair

Lemissoler Navigation Names Bulk Vessel Pair

Russian Grain Lobby Warns Black Sea Attacks Threaten Grain Security

Russian Grain Lobby Warns Black Sea Attacks Threaten Grain Security

Subscribe for Maritime Logistics Professional E‑News

Ship-tracking data reveals that six Saudi oil tankers have turned away from the Gulf of Aden.
Data shows that Russia's LNG imports from January to July were up by 11% on a year-over-year basis.
Grenada cancels its production-sharing agreement with Russian firm