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Dr. Klaus Geißdörfer and Rudolf Lenhart appointed to the Executive Board of Schaeffler Industrial

Rainer Hundsdörfer, Member of the Executive Board for Industrial, is leaving Schaeffler AG

(PresseBox) (Herzogenaurach , ) Dr. Klaus Geißdörfer (38), Vice President Sector Management Industrial OEM, and Rudolf Lenhart (47), President of the Spherical Roller Bearings Business Unit and Plant Manager at Schweinfurt, will be appointed to the Executive Board of the Industrial division on September 1, 2012. They will report to Robert Schullan, President Industrial and Member of the Executive Board of Schaeffler AG.

Rainer Hundsdörfer, Member of the Executive Board Industrial and President Industrial will be leaving Schaeffler AG on August 31, 2012. "We very much regret that Rainer Hundsdörfer is leaving the company. He has made a very significant contribution to co-determining the organization and further development of our Industrial division since joining the company in 2008. We would like to wish Mr. Hundsdörfer all the best in his new position", said Dr. Juergen M. Geissinger, CEO of Schaeffler AG. Mr. Hundsdörfer will become president of the management board of the ebm-papst Group on September 1, 2012.

Dr. Klaus Geißdörfer and Rudolf Lenhart have had many years of experience at Schaeffler and manage their respective areas of the company very successfully. By appointing them both into the Executive Board at Industrial, the company is meeting the demands of its consistent global focus and is preparing itself for global challenges in the future.

Schaeffler AG

Schaeffler with its product brands INA, LuK and FAG is a leading provider of rolling bearing and plain bearing solutions and of linear and direct drive technology, as well as a renowned supplier to the automotive industry of high-precision products and systems for engines, transmissions, and chassis applications. The globally active group of companies generated sales of approximately 10.7 billion euros in 2011. With approximately 74,000 employees worldwide, Schaeffler is one of the largest German and European industrial companies in family ownership. With 180 locations in over 50 countries, Schaeffler has a worldwide network of manufacturing locations, research and development facilities, sales companies, engineering offices, and training centers.