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New Chief Financial Officer at Schaeffler

2014-12-12 | Herzogenaurach

In its meeting, the Supervisory Board of Schaeffler AG today appointed Dr. Ulrich Hauck (50) as a member of the Executive Board of Schaeffler AG. Dr. Ulrich Hauck will assume the position of Chief Financial Officer on April 1, 2015. He will take over this function from Klaus Rosenfeld (48), who has been both CEO and Chief Financial Officer of Schaeffler AG since October 4, 2013.

Dr. Hauck has been in charge of worldwide accounting and group controlling at Bayer AG since 2003, prior to which he held a leading position at Rheinmetall AG and was an auditor and tax consultant at Deloitte.

“Dr. Hauck is an outstanding specialist in the field of accounting, controlling, and tax who also possesses extensive experience working in capital market-oriented corporations, and we are delighted that he will be joining our company”, said Georg F. W. Schaeffler, Chairman of the Schaeffler AG Supervisory Board.

The Schaeffler AG Supervisory Board was reconstituted at this meeting. As before, the Board is composed of 20 full members. Dr. Reinhold Mittag and Jürgen Stolz were appointed to the Supervisory Board as employee representatives to replace Jochen Homburg and Tobias Rienth. On the shareholder side, Prof. Dr.-Ing. Tong Zhang has joined the Supervisory Board to replace Dr. Hubertus Erlen, who has stepped down for reasons of age. Prof. Zhang is the director of the Clean Energy Automotive Engineering Center at Tongji University, Shanghai, China.

Georg F. W. Schaeffler said: “Prof. Zhang is a renowned technology expert and has many years of international experience in the automotive industry. His appointment also reflects the increasing importance of China for the Schaeffler Group.”

Publisher: Schaeffler AG
Country: Germany

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