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

Two Millionth Subaru Arrives at Port of Vancouver USA

Two Millionth Subaru Arrives at Port of Vancouver USA

Louisiana International Terminal Permit Granted by U.S. Army Corps of Engineers

Louisiana International Terminal Permit Granted by U.S. Army Corps of Engineers

TowWorks Launches Invoice Intelligence Solution

TowWorks Launches Invoice Intelligence Solution

Indian Gasoline Cargo Arrives in Russia to Ease Shortages

Indian Gasoline Cargo Arrives in Russia to Ease Shortages

Subscribe for Maritime Logistics Professional E‑News

The financial week in five charts - Bank boom, aluminum squeeze and smart freight
Sources say that the Sheskharis terminal in Russia's Black Sea halted loadings following a drone attack.
Oil spillage off Oman is threatening to cause a disaster as two slicks are seen in the Gulf