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    SHA   DE000SHA0159

SCHAEFFLER AG

(SHA)
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Schaeffler Ag Announces Changes to Executive Board

08/31/2021 | 07:52am EDT

The Supervisory Board of Schaeffler AG has appointed Claus Bauer (55) to the Board of Managing Directors of Schaeffler AG as Chief Financial Officer (CFO), responsible for Finance & Information Technology, effective September 1, 2021, under a two-year contract. Claus Bauer succeeds Dr. Klaus Patzak (56) who left Schaeffler AG at his own request effective July 31, 2021. The Board of Managing Directors of Schaeffler AG has also appointed Sascha Zaps (46) Regional CEO Europe, effective September 1, 2021. The appointment makes Sascha Zaps a member of Schaeffler AG's Executive Board comprising the eight Managing Directors and the four regional CEOs. In his new role, Sascha Zaps succeeds Jürgen Ziegler (62) who has retired effective July 31, 2021.


© S&P Capital IQ 2021
All news about SCHAEFFLER AG
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Analyst Recommendations on SCHAEFFLER AG
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Financials
Sales 2021 13 740 M 16 009 M 16 009 M
Net income 2021 678 M 789 M 789 M
Net Debt 2021 2 090 M 2 435 M 2 435 M
P/E ratio 2021 6,67x
Yield 2021 6,35%
Capitalization 4 569 M 5 320 M 5 323 M
EV / Sales 2021 0,48x
EV / Sales 2022 0,43x
Nbr of Employees -
Free-Float 18,7%
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Technical analysis trends SCHAEFFLER AG
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TrendsBullishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 14
Last Close Price 6,86 €
Average target price 7,92 €
Spread / Average Target 15,5%
EPS Revisions
Managers and Directors
Klaus Rosenfeld Chief Executive Officer
Claus Bauer Chief Financial Officer
Georg F. W. Schaeffler Chairman-Supervisory Board
Uwe Wagner Chief Technology Officer
Andreas Schick Chief Operating Officer
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