Schaeffler has appointed Dietmar Heinrich (53) to its Board of Managing Directors. On August 1, Heinrich will take up his role as Chief Financial Officer of Schaeffler, replacing Dr. Ulrich Hauck, who will not have his contract extended, and will be resigning on good terms. Heinrich has been with the Schaeffler Group for more than 22 years, having first joined in 1995, and has many years of experience in controlling and finance.