Andreas Schick is to become chief operating officer (COO) at the supplier of components and systems for engines, transmissions and chassis. From April 1st, Schick will replace Oliver Jung, who has decided to leave the company after ten years.
“With the appointment of Andreas Schick we have again promoted an internal top executive to become member of the board of managing directors of Schaeffler AG,” said Georg F. W. Schaeffler, chairman of the supervisory board. “Andreas Schick [has been] with Schaeffler Group since 1994. He has many years of experience at Schaeffler not only in Germany but also abroad and in-depth knowledge of our production and plants. As regional CEO of Asia-Pacific he has also gained experience with the work on the executive board.”
Regarding Jung's contribution to the company, Georg Schaeffler said he had contributed greatly to the successful development of the operations function.
“This is in particular true for the worldwide plant network of Schaeffler Group and its production systems,” said Schaeffler. “Also on behalf of all members of the Supervisory Board I would like to thank Oliver Jung for his outstanding contribution over the past years and wish him personally and on a professional basis all the very best for his future.”
Schick will be overseeing production and logistics within the Automotive OEM division. In October last year Schaeffler divided its business into three divisions to cope with increased demand following what it described as “a prolonged period of growth”.
Alongside the Automotive OEM division, Schaeffler now has a separate Automotive Aftermarket division, as well as its established Industrial division.