Heinrich Hiesinger appointed new chair at ZF supervisory board
He takes over from Franz-Josef Paefgen (who has been on ZF supervisory board for 13 years) as head of the supervisory board at the start of 2022. Hiesinger, former CEO of ThyssenKrupp AG, has been on ZF supervisory board since the start of 2021.
ZF supervisory board appointed Heinrich Hiesinger as its new chair. He takes over from Franz-Josef Paefgen (who has been on ZF supervisory board for 13 years) as head of the supervisory board at the start of 2022. Hiesinger, former CEO of ThyssenKrupp AG, has been on ZF supervisory board since the start of 2021. Finally Klaus Helmrich, member of the management board of Siemens AG for many years, newly appointed to ZF supervisory board.
At a meeting on December 16, 2021, the supervisory board of ZF Friedrichshafen AG voted to approve Heinrich Hiesinger as its new chair. The 61-year-old succeeds Dr. Franz-Josef Paefgen, who steps down at the turn of the year, having been a member of the ZF supervisory board since 2008 and its chairperson for the last four years.
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Klaus Helmrich new member of the ZF supervisory board
Hiesinger has been on the supervisory board since the start of 2021. He brings to bear many years of experience as both a member and chair of management boards of big-name companies. Klaus Helmrich, member of the Siemens management board for many years, was newly appointed as a member of the ZF supervisory board.
«The shareholders welcome the appointment of Dr. Heinrich Hiesinger as chair of the supervisory board of ZF. His many years of wide-ranging experience in senior positions with leading industrial companies make him highly qualified to play a constructive role in the demanding transformation process of ZF», said says mayor of the city of Friedrichshafen, Andreas Brand, speaking as the representative of the Zeppelin Foundation. «At the head of the ZF supervisory board, Heinrich Hiesinger will provide important stimulus for the ongoing strategic development of this incredibly dynamic group,” adds Dr. Joachim Meinecke, speaking on behalf of the Ulderup Foundation, ZF’s second shareholder».
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Who’s Heinrich Hiesinger
Born in Bopfingen, Baden-Württemberg, in 1960, Hiesinger studied electrical engineering at TU München, achieving his doctorate, before starting his career with the Siemens Group in 1992. Between then and 2010, he worked for the company in a number of functions and departments in Germany and abroad. He then moved to ThyssenKrupp AG in Essen as vice chair of the management board. After taking over as chairperson of the management board in 2011, he led the company until 2018. During this time, Hiesinger also served as the vice president of the Federation of German Industries (BDI).