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

MISC Reports First Quarter Increase in Revenue

MISC Reports First Quarter Increase in Revenue

MacGregor Sees Strong Year Despite Order Dip in First Quarter

MacGregor Sees Strong Year Despite Order Dip in First Quarter

Jumbo Orders Two New Heavy Lift Vessels

Jumbo Orders Two New Heavy Lift Vessels

CMA CGM NOTRE DAME, World’s Largest LNG-Powered Containership, Begins Maiden Voyage

CMA CGM NOTRE DAME, World’s Largest LNG-Powered Containership, Begins Maiden Voyage

Subscribe for Maritime Logistics Professional E‑News

Applied Aerospace & Defense to IPO in the US with a valuation of $3.59 billion
Bousso: The board of ROI-BP snatches victory from the jaws.
NTSB asks FAA to revise safety assessments of runways during heavy rain