Supervisory Board of Schaeffler AG with five new employee representatives
2020-05-11 | Birmingham
- Employee representatives chosen by regular election
- New Supervisory Board holds constitutive meeting
- Andreas Schick continues as COO
Herzogenaurach | May 11, 2020 | At its meeting on May 8, the Schaeffler AG supervisory board was regularly reconstituted. After the ten shareholder representatives were newly elected by the Annual General Meeting last year, the Schaeffler Group employees elected the ten employee representatives on the Supervisory Board this year.
Andrea Grimm, Susanne Lau, Barbara Resch, Salvatore Vicari and Jürgen Wechsler were re-elected, Thomas Höhn, Jutta Rost, Jürgen Schenk, Helga Schönhoff and Markus Zirkel were newly elected. Norbert Lenhard, Dr. Reinhold Mittag, Dirk Spindler, Jürgen Stolz and Jürgen Worrich have stepped down.
Georg F. W. Schaeffler, Family Shareholder and Chairman of the Supervisory Board of Schaeffler AG, thanked the departing members for their positive and constructive contribution.
At its constitutive meeting held following the Annual General Meeting on 8th May, the Supervisory Board re-elected Jürgen Wechsler, the former Regional Director of IG Metall Bavaria, as its Deputy Chairman.
Contract with Andreas Schick renewed
The Supervisory Board today also renewed Andreas Schick’s contract as a member of the Executive Board for a term of five years. Andreas Schick was appointed to the Executive Board as Chief Operating Officer in 2018. He first joined Schaeffler in 1994 and prior to his appointment to the board held various management positions at national and international level.
“Andreas Schick has done a very good job in the past three years. Above all, I would like to positively mention his great commitment in coping with the current coronavirus crisis. On behalf of all members of the Supervisory Board, I wish Mr. Schick the best of luck and success in his challenging role,” Supervisory Board Chairman Georg F. W. Schaeffler said.
The Schaeffler Group is a leading global supplier to the automotive and industrial sectors. Its portfolio includes high-precision components and systems for engine, transmission and chassis applications as well as rolling and plain bearing solutions for a large number of industrial applications. The Schaeffler Group is already shaping “Mobility for tomorrow” to a significant degree with innovative and sustainable technologies for electric mobility, digitalization, and Industry 4.0. The technology company generated sales of approximately EUR 14.4 billion in 2019. With around 86,500 employees, Schaeffler is one of the world’s largest family companies and, with approximately 170 locations in over 50 countries, has a worldwide network of manufacturing locations, research and development facilities, and sales companies. With just on 2,400 patent applications in 2019, Schaeffler is Germany’s second most innovative company according to the DPMA (German Patent and Trademark Office).
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Publisher: Schaeffler (UK) Ltd
Country: United Kingdom
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