FRIEDRICHSHAFEN, Germany -- ZF Friedrichshafen AG, a supplier of driveline and chassis technology, has named Hans-Georg Haerter as the successor to current Chief Executive Officer (CEO) Siegfried Goll.

Haerter will be appointed to the ZF Friedrichshafen AG Board of Management effective October 1, and will be assigned to the CEO position effective January 1, 2007. Goll is retiring December 31.

Haerter currently serves as the group executive, powertrain and suspension components division, ZF Sachs AG. As a member of the ZF Group Board of Management, he is responsible for operations in the Asia-Pacific region.

Goll has been CEO of ZF since July 2001.

For more information about ZF, go to: www.zf-group.com .

_______________________________________

Click here to view the rest of today's headlines.