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

Organizations Release Joint Support Statement on Maritime Labour Convention 20th Anniversary

Organizations Release Joint Support Statement on Maritime Labour Convention 20th Anniversary

The Swedish Club Reports 99% Retention, Increased Tonnage at 2026 Renewal

The Swedish Club Reports 99% Retention, Increased Tonnage at 2026 Renewal

DetentionTrackr Debuts AI-Powered Port State Control Intelligence Tool

DetentionTrackr Debuts AI-Powered Port State Control Intelligence Tool

Seatrium Targets $40M Cost Savings in Continued Divestment Drive

Seatrium Targets $40M Cost Savings in Continued Divestment Drive

Subscribe for Maritime Logistics Professional E‑News

Soccer-Four matches are postponed following violence sparked by the death of a Mexican cartel leader
Sources say DAE Capital is close to a deal with Macquarie Airfinance to purchase aircraft leasing company.
El Mencho, the Mexican cartel leader killed by military raid