rss icon Subscribe
desktop mobile

ZF CEO Sommer Steps Down

From left: Former CEO Dr. Stefan Sommer with Dr. Konstantin Sauer (Photo: ZF)

Posted by Eric Haun

ZF Friedrichshafen AG chief executive officer Dr. Stefan Sommer has left the company after five years at the head.

Finance Board Member and CEO Deputy Representative, Dr. Konstantin Sauer, will fill in as CEO on an interim basis.

The news follows the company's recent appointment of Dr.-Ing. Franz-Josef Paefgen as its new chairman.

Dec 7, 2017

 

Marine Equipment

CMA CGM Plans Multi-Temperature Logistics Facility at DP World

Photo: CMA CGM

CMA CGM, a world leader in maritime transport, is to take a long-term lease and invest in a

Virtual Aid to Navigation: Here Now, Here to Stay

MMAP-simplified.jpg

Vesper Marine designed its Virtual AIS Beacon in 2010 and installed the first solution in 2011.

Hyundai Heavy Bags LPG Storage Tank Deal in Nigeria

Image: Hyundai Heavy Industries

South Korea’s largest shipbuilder Hyundai Heavy Industries (HHI) has bagged a $58 million deal to

Marine Power

IMO Rules a Cliffhanger for Oil Storage -Vitol's Chris Bake

© Arthit Somsakul / Adobe Stock

Vitol executive committee member Chris Bake says a big question facing oil storage sector is how

U.S. Sues to Stop Wilhelmsen From Buying Rival Drew Marine

The U.S. Federal Trade Commission said on Friday it would challenge in court the Norwegian company Wilhelmsen Maritime Services' plan to buy smaller U.S. rival Drew Marine Group.

First Women in Maritime Taskforce Meeting Held

Maritime Minister, Nusrat Ghani MP. Photo: Maritime UK

UK Maritime Minister Nusrat Ghani MP joined the first meeting of maritime sector's new Women in

Maritime Apps