Schaeffler

Schaeffler Paravan Discusses Autonomous Vehicle Technologies and Adoption at MOVE America Conference

Retrieved on: 
Thursday, August 27, 2020
Schaeffler Group, Schaeffler, Herzogenaurach, States of Germany

ET on Sept. 1, Noel Marshall, director of engineering at Schaeffler Paravan, will participate in the "Enabling AV Adoption in Cities" panel.

Key Points: 
  • ET on Sept. 1, Noel Marshall, director of engineering at Schaeffler Paravan, will participate in the "Enabling AV Adoption in Cities" panel.
  • Marshall focuses on developing, managing and creating new markets for Schaeffler Paravan within the drive-by-wire space for autonomous and semi-autonomous applications in North America.
  • Schaeffler Paravan Technologie GmbH and Co. KG ("Schaeffler Paravan") is a Schaeffler Group joint venture company in cooperation with Roland Arnold and Paravan GmbH.
  • Based in Aichelau and Herzogenaurach, Germany, Schaeffler Paravan is led by Paravan founder Arnold as CEO and Mathias Mungenast (CFO).

DGAP-News: Extraordinary General Meeting of Schaeffler AG: Schaeffler AG Plans Creation of New Authorized Capital for up to 200 mil. New Shares

Retrieved on: 
Thursday, August 20, 2020
Schaeffler Group, Schaeffler, States of Germany, Economy of Germany, Maria-Elisabeth Schaeffler

Extraordinary General Meeting of Schaeffler AG: Schaeffler AG Plans Creation of New Authorized Capital for up to 200 mil.

Key Points: 
  • Extraordinary General Meeting of Schaeffler AG: Schaeffler AG Plans Creation of New Authorized Capital for up to 200 mil.
  • Extraordinary General Meeting of Schaeffler AG: Schaeffler AG Plans Creation of New Authorized Capital for up to 200 mil.
  • Today, Schaeffler AG (ISIN DE000SHA0159, WKN SHA015) convenes an extraordinary general meeting for September 15, 2020 which will be held virtually in accordance with applicable COVID legislation.
  • In case the authorized capital is utilized, one objective of such a capital increase would be, among others, to increase the Schaeffler shares' free float.

Schaeffler Honored by Subaru of Indiana Automotive with an "Excellent Performance Award" for 2019

Retrieved on: 
Wednesday, July 22, 2020
Cars, Car body styles, Motor vehicles, Station wagons, Sedans, Sports sedans, Subaru, Schaeffler Group, Sia, Schaeffler

The "Excellent Performance Award" distinguishes Schaeffler for achieving SIA's stringent safety, quality, cost and delivery targets.

Key Points: 
  • The "Excellent Performance Award" distinguishes Schaeffler for achieving SIA's stringent safety, quality, cost and delivery targets.
  • "All of us at Schaeffler and especially the dedicated members our Cheraw team are extremely proud to receive this award from our partners at Subaru of Indiana Automotive," said Jeff Harris, Schaeffler Engine Systems Americas President.
  • Schaeffler Automotive has headquarters in Fort Mill and manufacturing facilities in South Carolina; Missouri; Ohio; Ontario, Canada; Puebla and Irapuato, Mexico.
  • Subaru of Indiana Automotive (SIA), a subsidiary of Subaru Corp., is the home of North American production for the Ascent, Impreza, Legacy and Outback.

DGAP-News: Schaeffler AG: Dr. Klaus Patzak appointed new CFO of Schaeffler AG

Retrieved on: 
Monday, July 20, 2020
States of Germany, Economy of Germany, Companies, Schaeffler Group, Georg F. W. Schaeffler, Siemens, Schaeffler, Infineon Technologies, Maria-Elisabeth Schaeffler

- Dr. Klaus Patzak has been appointed as a member of the Board of Managing Directors, effective from August 1, 2020

Key Points: 
  • - Dr. Klaus Patzak has been appointed as a member of the Board of Managing Directors, effective from August 1, 2020
    - Dietmar Heinrich will leave the company on July 31, 2020
    Herzogenaurach | July 20, 2020 | The global automotive and industrial supplier Schaeffler announced that the Supervisory Board of Schaeffler AG appointed Dr. Klaus Patzak (55) as a member of the Board of Managing Directors of Schaeffler AG in today's meeting, effective from August 1, 2020.
  • Prior to this, he was a member of the executive board and CFO of Bilfinger SE from 2016 to 2018.
  • From 2000 to 2002, he held the position of Commercial Director of the Wireline Communications business unit at Infineon AG.
  • Georg F. W. Schaeffler, family shareholder and Chairman of the Supervisory Board of Schaeffler AG, stated: "We are delighted to welcome Dr. Klaus Patzak, a highly experienced and capable CFO, to Schaeffler AG.

FPT Helps Schaeffler Kick Start Digital Pilot Plan for Asia Pacific

Retrieved on: 
Wednesday, June 17, 2020
Other Manufacturing, Technology, Mobile, Wireless, Automotive, General Automotive, Automotive Manufacturing, Manufacturing, Networks, Internet, Schaeffler, Digital transformation, Articles, Information and communications technology, Technology, FPT Software, FPT Corporation, Schaeffler

According to Helmut Bode, Schaeffler Asia Pacifics Former CEO, Vietnam is chosen as a location for digital pilot plant project due to its clearly visible trend towards high technology development with FPT as an outstanding example.

Key Points: 
  • According to Helmut Bode, Schaeffler Asia Pacifics Former CEO, Vietnam is chosen as a location for digital pilot plant project due to its clearly visible trend towards high technology development with FPT as an outstanding example.
  • FPT has continuously surpassed our expectations in their robust project governance and capabilities in key software development areas., said Min Ling Chan, Head of Industry 4.0, Industrial Asia Pacific, Schaeffler Asia Pacific.
  • Since 2018, FPT has joined Schaeffler in its digital transformation journey with several successful projects, which have helped Schaeffler move faster towards digitization and reinforce the collaboration between the two partners.
  • Beyond the partnership with Schaeffler, FPT has positioned itself as a digital transformation consultant providing extensive knowledge, innovative technology solutions and prompt technical support.

DGAP-News: Schaeffler AG: Schaeffler Responds to the Corona Crisis

Retrieved on: 
Tuesday, March 24, 2020
Schaeffler Group, States of Germany, German patent law, Patent and Trademark Office, Herzogenaurach, Schaeffler, Deutsches Patent- und Markenamt, DPMA, Bavaria, Economy of Germany

Herzogenaurach | March 24, 2020 | Due to the worldwide spread of the corona crisis and the resulting measures and restrictions, the Management Board of Schaeffler AG today suspended the guidance for the 2020 financial year for the Schaeffler Group and its divisions that was published on March 10, 2020.

Key Points: 
  • Herzogenaurach | March 24, 2020 | Due to the worldwide spread of the corona crisis and the resulting measures and restrictions, the Management Board of Schaeffler AG today suspended the guidance for the 2020 financial year for the Schaeffler Group and its divisions that was published on March 10, 2020.
  • In addition to protecting the health of the company's employees, sustaining the supply chain and supporting customers are also a priority.
  • "The corona crisis is affecting all of us as well as the economy as a whole.
  • With just under 2,400 patent applications in 2019, Schaeffler is Germany's second most innovative company according to the DPMA (German Patent and Trademark Office).

DGAP-News: Schaeffler AG: BDT Capital Partners acquires significant holding of non-voting common shares

Retrieved on: 
Thursday, November 21, 2019
Schaeffler Group, Companies, Byron Trott, BDT, Schaeffler, Economy of Germany, Businesspeople, Juergen M. Geissinger

BDT Capital Partners has informed Schaeffler AG that BDT Capital Partners has acquired approximately 25 percent of the outstanding non-voting common shares of Schaeffler AG.

Key Points: 
  • BDT Capital Partners has informed Schaeffler AG that BDT Capital Partners has acquired approximately 25 percent of the outstanding non-voting common shares of Schaeffler AG.
  • BDT Capital Partners, a Chicago-based merchant bank, was founded in 2009 by Byron D. Trott and focusses on investments in family-owned businesses.
  • The Schaeffler Group is a leading global supplier to the automotive and industrial sectors.
  • 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.

Help Wanted: Schaeffler Group USA Is Offering Hiring Bonuses Worth up to $2,500 in Wooster, OH

Retrieved on: 
Thursday, November 7, 2019
Schaeffler Group, German patent law, Patent and Trademark Office, Schaeffler, Deutsches Patent- und Markenamt, DPMA, Companies, Economic sectors, Human activities

(Must be an employee in good standing for 18 continuous months to be eligible for the full $2,500 bonus.)

Key Points: 
  • (Must be an employee in good standing for 18 continuous months to be eligible for the full $2,500 bonus.)
  • Said Schaeffler Group Training Leader Carrie McKelvey, "We are thrilled to host the students and ignite a passion for a career in the manufacturing industry."
  • 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.
  • With more than 2,400 patent applications in 2018, Schaeffler is Germany's second-most innovative company according to the German Patent and Trademark Office (DPMA).

Chief Technology Officer Prof. Dr.-Ing. Peter Gutzmer to retire

Retrieved on: 
Tuesday, October 1, 2019
Schaeffler Group, Schaeffler, Economy, Companies, Business

Peter Gutzmer (65), who is retiring after 18 years of service with the company.

Key Points: 
  • Peter Gutzmer (65), who is retiring after 18 years of service with the company.
  • Peter Gutzmer joined Schaeffler in 2001, where he was appointed to the Management Board with responsibility for technical product development.
  • In 2011, when Schaeffler changed its legal name to Schaeffler AG, he was appointed Chief Research & Development Officer.
  • In June 2014 Prof. Dr.-Ing Peter Gutzmer was appointed Chief Technology Officer and Deputy CEO of Schaeffler AG.

Schaeffler at IAA 2019: All lights on green

Retrieved on: 
Tuesday, September 3, 2019
Schaeffler Group, Schaeffler, Patent and Trademark Office, Deutsches Patent- und Markenamt, Patent portfolio, Companies, Economic sectors, Human activities, Juergen M. Geissinger

The company is using its IAA showcase to present its integrated perspective on the entire mobility-sector energy chain and profile its innovative system solutions.

Key Points: 
  • The company is using its IAA showcase to present its integrated perspective on the entire mobility-sector energy chain and profile its innovative system solutions.
  • At the IAA, Schaeffler is demonstrating how it is supporting automakers in their electric mobility journey with its extensive portfolio of electrification technologies.
  • At the IAA, Schaeffler is addressing this challenge with the latest version of the Schaeffler Mover, a self-driving and highly adaptable development platform that brings together a whole host of new Schaeffler technologies.
  • With more than 2,400 patent applications in 2018, Schaeffler is Germany's second most innovative company according to the DPMA (German Patent and Trademark Office).