Friday, December 27, 2024

Sensata Technologies Appoints Stephan von Schuckmann as CEO

Sensata Technologies, a global industrial technology company and leading provider of sensors, sensor-rich solutions and electrical protection devices used in mission-critical systems to help its customers address increasingly complex engineering and operating performance requirements, announced that its Board of Directors has appointed Stephan von Schuckmann as its new Chief Executive Officer (“CEO”) effective January 1, 2025. Mr. von Schuckmann will also become a member of the Board at that time.

Mr. von Schuckmann has more than 20 years of global automotive and industrials experience. Most recently, he was a Member of the Board of Management at ZF Friedrichshafen AG (“ZF Group”) with global leadership responsibility of its electric mobility division, the largest division within ZF Group with annual revenue of more than $12 billion. Additionally, Mr. von Schuckmann oversaw the Asia Pacific region and global procurement operations.

Andrew Teich, Chairman of the Board of Sensata, said, “On behalf of the Sensata Board of Directors, I am excited to welcome Stephan as our new CEO. At the conclusion of our thorough search process, the Board unanimously approved Stephan’s appointment. His extensive experience in the automotive and industrial sectors, including both conventional and electrified powertrains, gives us confidence that Sensata will execute strongly against the opportunities before us. Stephan has an exceptional track record of value creation, and we look forward to his leadership at Sensata.”

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Incoming CEO Stephan von Schuckmann said, “I am very excited to be joining Sensata at this pivotal time in its growth cycle. With a long tenure of innovative product development focused on providing high-value sensor and electrical protection solutions, I believe Sensata is uniquely positioned to support its customers with applications that meet the needs of a safer, cleaner, and more efficient world. Sensata possesses many strengths, not the least of which are its longstanding customer relationships, global manufacturing footprint, and an outstanding team of dedicated employees. I look forward to working with the team to deliver value for all constituents.”

Mr. Teich added, “I would also like to thank Martha Sullivan, for stepping back into the CEO role on an interim basis and for her leadership in the search for a new CEO. Her decades of experience and dedication to Sensata ensured that the Company would continue to execute during this period of transition. In addition to her continuing role on the Board, she has graciously agreed to act as a special advisor to Stephan as he assumes his new responsibilities.”

About Stephan Von Schuckmann

Stephan Von Schuckmann has over 20 years of expertise as a global industry leader. He possesses a robust industrial, commercial, and financial background which has uniquely prepared him to lead Sensata by capitalizing on opportunities and navigating the challenges of its diverse industries. He also brings a proven track record in driving business transformations on a global scale, most notably the transition from conventional to electric powertrains at ZF Group.

SOURCE: Businesswire

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