Schaeffler Extends Contract of HR Board Member Dr. Astrid Fontaine Through 2031
Schaeffler's supervisory board has reappointed Dr. Astrid Fontaine as HR board member for a second five-year term, extending her contract until December 31, 2031.
- 5 years
- 110,000
- December 31, 2031
What Happened
The supervisory board of Schaeffler AG voted to reappoint Dr. Astrid Fontaine as a member of the board of directors and labor director for another five years. Her current contract was set to expire, and the new term runs until the end of 2031. Dr. Fontaine has been with Schaeffler since January 2024.
“Dr. Astrid Fontaine has set important impulses in her work over the past two and a half years to align the HR work of the Schaeffler Group with its now 110,000 employees for the future. The supervisory board is convinced that she will continue to successfully accompany the transformation of the company.”
Why this matters
The reappointment ensures continuity in Schaeffler's HR leadership as the company navigates its transformation, with 110,000 employees worldwide.
Terms in This Story
- Supervisory board
- A board that oversees the management of a company, common in German corporations with a two-tier board structure.
- Labor director
- A board member responsible for employee relations and HR; a mandatory role in large German companies.
Summarised from the linked release; details can be imperfect — always verify against the original source.