Personal details Stabilus, Thyssenkrupp and Ziel-Abegg: The personnel news of the week

From Automotive Industry | Translated by AI 2 min Reading Time

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Expansion of the Management Board at Stabilus and changes to the Management Board of Thyssenkrupp Automotive Technology. Ziehl-Abegg announces new CEO.

David Sabet was appointed to the Management Board of Stabilus SE with effect from October 1, 2024.(Image: Stabilus)
David Sabet was appointed to the Management Board of Stabilus SE with effect from October 1, 2024.
(Image: Stabilus)

David Sabet, 51, has been appointed by the Supervisory Board of Stabilus SE to the Management Board of Stabilus SE with effect from October 1, 2024, where he will be responsible for the Americas region. The Management Board will thus consist of three members from the 2025 fiscal year starting on October 1: CEO Michael Büchsner, CFO Stefan Bauerreis and CTO David Sabet. Sabet began his career at Stabilus in 1996 as an engineer and held management positions in the Group's Application Engineering department from 2004 to 2014. He has been Head of Business Unit Automotive Powerise since 2014 and CTO since 2015. He holds a Bachelor of Science in Mechanical Engineering from Pennsylvania State University.

Volkmar Dinstuhl will take over as CEO of the Automotive Technology segment at thyssenkrupp on October 1, 2024. He succeeds Karsten Kroos, who is retiring as planned at the end of the financial year after more than thirty years in the Thyssenkrupp Group. After holding various management positions within the Group, Dinstuhl was appointed to the Executive Board of Thyssenkrupp AG in January of this year. He is responsible for the Group function Mergers & Acquisitions, the Automotive Technology segment and the China region. Kroos will continue to be available to Thyssenkrupp's automotive supply division in an advisory capacity until further notice. He joined the Group in 1990. In October 2009, he took over as Chairman of the Executive Board of the Components Technology business area. In October 2019, he was appointed CEO of the Automotive Technology segment.

In addition, Viktor Molnar will take over the position of Chief Operating Officer (COO) at Thyssenkrupp Automotive Technology with effect from November 18, 2024. Molnar joins from automotive supplier Aptiv, where he was most recently Vice President, Managing Director of Advanced Safety and User Experience EMEA. The mechanical engineer began his career in 1999 as a process engineer at the Dutch technology group Phillips in Hungary. From 2000 to 2021, he held various positions at Robert Bosch in Hungary, China and Germany. After working as Head of Chassis Systems at Schaeffler AG, Molnar moved to Aptiv at the end of 2021. Molnar succeeds Frank Altag, who has held the position since 2018. Altag will return to his role as CEO of the Dynamic Components business unit.

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Joachim Ley, 47, is the new Chief Executive Officer (CEO) of Ziehl-Abegg. The industrial engineering graduate had been the company's Chief Operating Officer (COO) since 2021. The experienced manager was also responsible for production, purchasing and central logistics and processes. Ley is married and has two children. After completing his studies, he took on various management positions in operations. Prior to Ziehl-Abegg, he was responsible for many years as a board member in a market-leading supplier company in the aviation industry. His predecessor Marc Wucherer has left Ziehl-Abegg.

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