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 Management on September 30, 2025.

Mathias Miedreich has been a member of the Board of Management since January 2025 and heads the Electrified Powertrain Technology division. At the same time, Peter Laier, Board Member responsible for Commercial Vehicle Solutions, Industrial Technology, Materials Management, Production and the India Region, decided to leave the company, ahead of schedule.

Mathias Miedreich will be the new CEO of ZF

ZF states it will provide information on the succession of the Board positions for the Electrified Powertrain Technology division and for the Commercial Vehicle Solutions and Industrial Technology divisions in due course.

“I would like to thank Dr. Holger Klein for his tireless commitment to ZF for over more than ten years, but especially for the last nearly three years as CEO. With his strategy, he laid the foundations for ZF’s turnaround and has already achieved significant success with the entire team. We must now build on what’s been achieved and continue with the strategy we’ve embarked upon.” Looking ahead, Supervisory Board Chairman Rolf Breidenbach continued: “In Mathias Miedreich we’ve found an internal successor who not only has in-depth experience in the industry – including in a CEO position – but with a combination of decisiveness and communication skills, who has also significantly advanced the restructuring of Division E since joining the ZF Board of Management. We wish him every success in his new role”.