Friedrichshafen, Germany: Dr. Holger Klein, Member of the Board of Management responsible for the Asia-Pacific region, Car Chassis Technology Division, Aftermarket and Production, succeeds Wolf-Henning Scheider as Chairman and CEO of ZF Friedrichshafen AG at the turn of the year 2022/2023. At the same time, Dr. Peter Laier will join the Board of Management to lead the Commercial Vehicle Solutions[Read More…]
Press Release The 52-year-old engineer takes over as Head of Sales at ZF on September 1st Neumann was most recently Chief Sales Officer at Delphi Technologies and Managing Director of Delphi Powertrain Systems Germany GmbH Friedrichshafen. Michael Neumann takes over as Executive Vice President Sales and Customer Development at ZF Friedrichshafen AG on September 1st, 2020. The 52-year-old engineer has[Read More…]
ZF Friedrichshafen AG has commenced the integration of WABCO on receiving the last of the regulatory clearances. Story by: Ashish Bhatia ZF Friedrichshafen AG has commenced the integration of WABCO Holdings Inc. on receiving regulatory clearances from all authorities. The final clearance for the previously announced merger of WABCO and ZF came from the Chinese State Administration for Market Regulation.[Read More…]
ZF Friedrichshafen AG and TRW Automotive Holdings Corp. today announced that they have entered into a definitive agreement under which ZF will acquire TRW. Under the terms of the agreement, ZF will acquire TRW in an all-cash transaction valued at approximately US$ 12.4 billion based on equity value. The agreement has been approved by ZF’s Supervisory Board and Management Board and[Read More…]
