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ZF names Electrified Powertrain Chief Mathias Miedreich as new CEO

Mathias Miedreich will be the new CEO of ZF, starting from the beginning of October. Indeed, the Supervisory Board of ZF Friedrichshafen AG decided to terminate the existing contractual relationship with the current CEO, Holger Klein, by mutual amicable agreement. He will leave the Board of Manageme...

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ZF: in 2023 sales increased by 6.5 percent to 46.6 billion euros

ZF achieved its financial targets set for 2023. Against the backdrop of a highly volatile global economy, the company increased sales by 6.5 percent to 46.6 billion euros (2022: 43.8 billion euros). Adjusted EBIT is 2.4 billion euros (2022: 2.0 billion euros); adjusted EBIT margin is 5.1 percent (20...
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