Dr. Jochen Schröder to lead the Schaeffler Group's new E-Mobility business division

HERZOGENAURACH, Germany, Jan. 16, 2018 /PRNewswire/ -- Dr. Jochen Schröder (46) will assume leadership of the Schaeffler Group's newly-established E-Mobility business division on April 1st, 2018. In this function, he will report to Matthias Zink, CEO Automotive OEM.

Dr. Schröder is joining the Schaeffler Group from Valeo Siemens eAutomotive GmbH, where he was a member of the executive management responsible for global R&D activities. After studying electrical engineering at the Hamburg-Harburg University of Technology, he obtained his doctorate in the field of control engineering. Following a successful career of more than 15 years at BMW, during which he held various management positions in areas such as system design and advanced engineering of electric drivetrains, and vehicle energy management, Dr. Schröder assumed the position of CTO at Valeo Siemens eAutomotive GmbH at the end of 2016.

"We are very pleased to welcome Dr. Schröder to our company, and we are sure that his years of experience in the different fields of electric mobility will provide the perfect basis to successfully lead our new E-Mobility business division and thus help to actively shape mobility for tomorrow," said Matthias Zink, CEO Automotive OEM at the Schaeffler Group.

Schaeffler made the decision in mid-2017 to establish an independent E-Mobility business division within its Automotive division from January 1, 2018 onwards, in which all products and system solutions for hybrid and purely battery-driven vehicles will be bundled together. The new business division is based in Bühl, where the Schaeffler Group has its new Automotive headquarters.

About Schaeffler
The Schaeffler Group is a global automotive and industrial supplier. Top quality, outstanding technology, and exceptionally innovative spirit form the basis for the continued success of the company. By delivering high-precision components and systems in engine, transmission, and chassis applications, as well as rolling and plain bearing solutions for a large number of industrial applications, the Schaeffler Group is already shaping "Mobility for tomorrow" to a significant degree. The technology company generated sales of approximately EUR 13.3 billion in 2016. With around 89,400 employees, Schaeffler is one of the world's largest companies in family ownership. It has a worldwide network of manufacturing locations, research and development facilities, and sales companies at approximately 170 locations in over 50 countries.

Editor's Note: for a high-res headshot image of Dr. Jochen Schröder, please click here.

SOURCE Schaeffler