Friedrichshafen, Germany- Zahnradfabrik Friedrichshafen AG., (ZF) has appointed Mr. Mathias Miedreich, to its Board of Management, effective January 1, 2025, where he will lead the Electrified Powertrain Technology division. Miedreich brings extensive experience from senior roles at Siemens, Continental, and Faurecia, along with his recent tenure as CEO of Umicore, a materials tech leader. He holds a Business Administration degree from Friedrich Alexander University of Erlangen-Nuremberg.
Dr. Heinrich Hiesinger, Chairman of the Supervisory Board, said, “With Mathias Miedreich, we are specifically strengthening our Board of Management team, which is doing an outstanding job in these times to realign ZF and make it more competitive. As the future head of the Electrified Powertrain Technology Division, he has a special responsibility in view of the challenges that ZF is currently facing in the transition to electric mobility. Mathias Miedreich is familiar with our customers, global value chains and expectations regarding sustainable mobility. We wish him every success in this role.”
As representative of the Zeppelin Foundation, which holds 93.8 percent of ZF shares, its chairman Andreas Brand said, “With Mathias Miedreich as the new board member, we’re relying on his expertise in the automotive industry and in the field of electric mobility. We’re convinced that he will make a valuable contribution to ZF. With his appointment, we’re supporting the strategic goals of adapting this division to market requirements and technological developments.”
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