Klaus Deller to become Chief Executive Officer of
Schaeffler AG
• Klaus Deller (51) to assume new position on July 1,
2014
• Klaus Rosenfeld (47) to become Deputy CEO of Schaeffler AG
and Member of the Board of Directors of INA-Holding
The supervisory board of Schaeffler AG at its meeting today has
appointed Klaus Deller as the new Chief Executive Officer of
Schaeffler AG. Klaus Deller will assume his new position on July 1,
2014.
Klaus Deller has been a Member of the Board of Directors at
Knorr-Bremse AG with responsibility for Commercial Vehicle Systems
since 2009. Prior to that, he held senior positions at automotive
suppliers Brose and Bosch. Georg F. W. Schaeffler, Chairman of the
Supervisory Board at Schaeffler AG, said, “Klaus Deller is an
exceptional leader with substantial experience in the automotive
supplier industry. We are convinced that under his leadership, we
will be able to further strengthen our position as the technology
leader in automotive and industrial applications.”
Schaeffler AG will continue to be led by Klaus Rosenfeld as
Chief Executive Officer until July 1. With Klaus Deller’s arrival,
Klaus Rosenfeld will become Deputy CEO of Schaeffler AG and will
focus once more on his responsibilities as Chief Financial Officer
of Schaeffler AG. In addition, Klaus Rosenfeld will become the only
non-family member to join the board of INA-Holding Schaeffler GmbH
& Co KG, which holds the Schaeffler family’s participations in
Continental AG and Schaeffler Group.
Georg F. W. Schaeffler said, “Klaus Rosenfeld has made a major
contribution to our company over the past years. Following the
leadership change in October 2013, he realigned the organizational
and management structure of our company and initiated a cultural
change in terms of leadership and communications. With his
appointment as Deputy CEO of Schaeffler AG and as Member of the
Board of INA-Holding, we honour his outstanding performance and
commitment to our company. We will continue to move forward with
the refocusing of Schaeffler Group that has been initiated under
his leadership.”
About Schaeffler
Schaeffler with its product brands INA, LuK and FAG is a leading
provider of rolling bearing and plain bearing solutions and of
linear and direct drive technology, as well as a renowned supplier
to the automotive industry of high-precision products and systems
for engines, transmissions, and chassis applications. The group of
companies with operations around the world generated sales of
approximately €11.1 billion in 2012. With more than 78,000
employees worldwide, Schaeffler is one of the largest German and
European industrial companies in family ownership. With 180
locations in over 50 countries, Schaeffler has a worldwide network
of manufacturing locations, research and development facilities,
distribution companies, engineering offices, and training
centers.
Contact: Christoph Beumelburg
Schaeffler AG
Senior Vice President
Corporate Communications and Investor Relations
Telephone: +49 9132 82 5414
Email: christoph.beumelburg@schaeffler.com
