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Live+1 todayUpdated 47m ago

Schaeffler Extends CHRO Dr. Astrid Fontaine's Contract to 2031

Schaeffler AG has extended Dr. Astrid Fontaine's contract as Chief Human Resources Officer for another five years until December 31, 2031.

Employees

110,000

Contract extension

5 years

What Happened

At its meeting today, the Supervisory Board of Schaeffler AG resolved to reappoint Dr. Astrid Fontaine, Chief Human Resources Officer, for a further term of five years until December 31, 2031. Dr. Fontaine has been with the Schaeffler Group since January 2024.

Through her work over the past two and a half years, Dr. Astrid Fontaine has provided important impetus to positioning the HR function of the Schaeffler Group, with its now 110,000 employees, for the future. The Supervisory Board is convinced that she will continue to successfully support the company’s transformation.
Georg F. W. Schaeffler, family shareholder and Chairman of the Supervisory Board of Schaeffler AG

Why this matters

This ensures continuity in HR leadership as Schaeffler, with 110,000 employees, undergoes transformation.

Terms in This Story

Supervisory Board
A group elected by shareholders to oversee the management of a company, common in German corporate governance.
Read Original: Schaeffler Group

Summarised from the linked release; details can be imperfect — always verify against the original source.