Schaeffler AG (0RBK.IL)
Schaeffler AG
Industriestrasse 1-3
Herzogenaurach 91074
Germany
49 9132 82 0
https://www.schaeffler.com
Sector(s): Consumer Cyclical
Industry: Auto Parts
Full-time employees: 83,705
Key executives
| Name | Title | Pay | Exercised | Year born |
|---|---|---|---|---|
| Mr. Klaus Rosenfeld | CEO, Member of Board of Managing Directors & Member of Exec. Board | 2.82M | N/A | 1966 |
| Mr. Claus Bauer | CFO, Member of Board of Managing Directors & Member of Exec. Board | 1.44M | N/A | 1967 |
| Dr. Stefan Spindler | CEO of Industrial, Member of Board of Managing Directors and Member of Exec. Board | 1.64M | N/A | 1961 |
| Mr. Andreas Schick | COO, Member of Board of Managing Directors & Member of Exec. Board | 1.42M | N/A | 1970 |
| Ms. Corinna Schittenhelm | Chief HR Officer, Member of Board of Managing Directors & Member of Exec. Board | 1.43M | N/A | 1967 |
| Mr. Uwe Wagner | CTO, Member of the Board of Managing Directors & Member of Exec. Board | 1.42M | N/A | 1964 |
| Mr. Matthias Zink | CEO of Automotive Technologies, Member of Board of Managing Directors & Member of Exec. Board | 1.35M | N/A | 1969 |
| Mr. Jens Schuler | CEO of Automotive Aftermarket Division, Member of Managing Directors Board & Exec. Board Member | 1.48M | N/A | 1976 |
| Dr. Yilin Zhang | Regional CEO of Greater China & Member of Exec. Board | N/A | N/A | 1963 |
| Mr. Marc McGrath | Regional CEO of Americas & Member of the Exec. Board | N/A | N/A | 1966 |
Description
Schaeffler AG, together with its subsidiaries, manufactures and sells precision components and systems for automotive and industrial applications in Europe, the Americas, China, and the Asia Pacific. The company's Automotive Technologies division offers engine systems, including rolling bearing solutions, belt products, valve train components, and systems for variable valve trains; and transmission systems, such as torsion and vibration dampers, clutches and double clutch systems, torque converters, CVT components, lightweight differentials, bearing solutions, and synchronizing and gearshift components. This division also provides chassis systems comprising wheel bearings, bearing solutions, steering components, electromechanical actuators for roll stabilizers, and power-assisted steering systems; and hybrid and electrical drive systems that include hybrid modules, electrical axle drives, and electrical wheel hub drives. Its Automotive Aftermarket division offers repair solutions for passenger cars, light commercial vehicles, heavy commercial vehicles, and tractors, as well as supporting services. The company's Industrial division provides components and systems. This division serves customers in the mobility, energy and raw materials, production machinery, aerospace, and industrial distribution. The company has a strategic partnership with Fraunhofer-Gesellschaft. The company was formerly known as INA Beteiligungsgesellschaft mit beschränkter Haftung and changed its name to Schaeffler AG in October 2014. The company was founded in 1946 and is headquartered in Herzogenaurach, Germany. Schaeffler AG is a subsidiary of IHO Verwaltungs GmbH.
Corporate governance
Schaeffler AG’s ISS governance QualityScore as of 1 October 2023 is 4. The pillar scores are Audit: 5; Board: 5; Shareholder rights: 10; Compensation: 1.
