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Date: 2013-10-06

Schaeffler: Oliver Jung appointed to Central Executive Board

* Oliver Jung, previously Member of the Executive Board Operations Worldwide, Manufacturing Methods Development and Purchasing is appointed to top management committee

* Georg Schaeffler, Chairman of the Supervisory Board of Schaeffler AG: The appointment reflects the importance of Manufacturing and Purchasing Manufacturing for Schaeffler AG

Oliver Jung (51), previously Member of the Executive Board Operations Worldwide, Manufacturing Methods Development, and Purchasing, was today appointed to the Central Executive Board of Schaeffler AG by the Supervisory Board.

Oliver Jung joined the Schaeffler Group in 2008 after previously working at Robert Bosch GmbH and Schmitz Cargobull AG. In addition to his responsibilities in Operations Worldwide and Manufacturing Methods Development, he most recently took over responsibility for the company's global Purchasing from Dr. Gerhard Schuff, who entered retirement.

Georg Schaeffler, Chairman of the Supervisory Board of Schaeffler AG: "We are delighted to welcome Mr. Jung as a member of the Central Executive Board of Schaeffler AG. This emphasizes the importance of Purchasing and Manufacturing for our company's success and is recognition for Mr. Jung’s outstanding achievements over the past years."
(Schaeffler Technologies AG)


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