• ZF Ventures GmbH disclosed a ZF board reshuffle naming Sebastian Schmitt to the Board of Management effective Sept. 1, 2026.
• Schmitt will run Electrified Powertrain Technology, which he has led since November 2025, with added responsibility for the Americas.
• He previously led the Electrified Powertrain Systems product line, held a posting at ZF’s Saltillo site in Mexico, ran the Brandenburg transmission plant.
• Dr. Peter Holdmann will step down from the Board of Management on Aug. 31, 2026, after deciding not to renew his contract.
• CEO Mathias Miedreich will take over Chassis Solutions, with group R&D moving to him from Holdmann.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ZF Ventures GmbH published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.