Schaeffler Group reappoints CEOs of both automotive divisions

After the merger of Vitesco Technologies Group AG into Schaeffler AG, which is expected to be completed in the fourth quarter of 2024, the Schaeffler Group will consist of four highly focused divisions: E-Mobility (CEO: Thomas Stierle), Powertrain & Chassis (CEO: Matthias Zink), Vehicle Lifetime Solutions (CEO: Jens Schüler), and Bearings & Industrial Solutions (CEO: Sascha Zaps). The Schaeffler Group will retain its four-region regional structure.

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