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

Rejected Livestock

Rejected Livestock

FMC Collects $1,350,000 in Penalty Payments

FMC Collects $1,350,000 in Penalty Payments

SC Ports Sees Dip in Imports, State Economic Development Remains Strong

SC Ports Sees Dip in Imports, State Economic Development Remains Strong

Tackling Port Congestion with Visibility and Flexibility

Tackling Port Congestion with Visibility and Flexibility

Subscribe for Maritime Logistics Professional E‑News

Sources say that Novatek, a Russian company, offers deep discounts on LNG sanctioned to Chinese buyers.
Recent major tech failures
After Heathrow Power Outage, UK sets up an energy resilience taskforce