Schaeffler won't extend contract of CEO Geissinger-report


FRANKFURT, Sept 13 (Reuters) - German auto parts maker Schaeffler will not extend the contract of Chief Executive Juergen Geissinger, who engineered the leveraged takeover of three-times larger rival Continental AG, Manager Magazin Online reported. Owner Maria-Elisabeth Schaeffler felt Geissinger was "no man for the future", the website reported, citing what it said was his authoritarian management style. A spokesman for the ball bearings and clutch maker ...


To access this content simply register below now.
Registering is easy and allows you to:

  • Access all public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×