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Georg Schaeffler (Georg Friedrich Wilhelm Schaeffler)

Georg F. W. Schaeffler, is Chairman of the Supervisory Board of Schaeffler AG and shareholder of the Schaeffler Group. In addition to his tasks in the Schaeffler Group, Georg F. W. Schaeffler is a member of the Supervisory Board of Continental AG and also a member of its Executive Committee and Audit Committee. Georg Schaeffler on Forbes List - #21 Billionaires (2015).

Background

  • Ethnicity: His mother, Maria-Elisabeth Schaeffler, was born in Prague, Czechoslovakia, and grew up in Vienna, Austria.

  • Georg Schaeffler was born on October 19, 1964 in Erlangen. His father, Georg Schaeffler, was the founder of the Schaeffler Group. His mother, Maria-Elisabeth Schaeffler, took over the Schaeffler Group in 1996, following the death of her husband.

  • Education

    • After finishing school in 1984 in Herzogenaurach, Georg F. W. Schaeffler served two years in the German armed forces (lieutenant in the Air Force reserves).

      From 1986 to 1990, he studied business at the University of St. Gallen in Switzerland and obtained the "lic. oec. HSG" degree.

      In 1996, Georg F. W. Schaeffler began to study law at Duke University's School of Law in Durham, North Carolina (USA) and, in 2000, he obtained the combined degree of Juris Doctor (cum laude) and Master of Law in international and comparative law.

    Career

    • Between 1990 and 1996, Georg F. W. Schaeffler worked in various functions in the Schaeffler Group, including duties in Germany and in the U.S.

      After completing his studies, Georg F. W. Schaeffler worked for some years as a business lawyer in one of the largest law firms in the southwestern part of the United States of America.

      In 2009 joined the company and helped his mother in running the Schaeffler Group.

      Now Georg Schaeffler is the head of the supervisory board of Schaeffler Group and a member of the supervisory board of Continental AG. The richest German, he owns 80% of umbrella company INA Holding Schaeffler GmbH & Co. KG.

    Major achievements

    • Today, Schaeffler Group, which had revenues of $15.4 billion in 2013, is active in the automotive, industrial and aerospace sectors, and employs 80,000 in about 170 locations in 49 countries.

    Religion

    Denomination: Christian

    Membership

    Member of American Bar Association.

    Personality

    Schaeffler likes solitude and explains it in such a way: “If you have the background that I have, you, by your very nature, don’t have a lot of friends. Because you’re always—in the back of your mind, there’s always this ‘Okay, is it your background or is it you?’”

    When he was spending his second summer at the firm t no one there really knew who they were working with. He was just another associate. Working silly hours. Coming in on the weekends. Schaeffler explains his appetite for such tough stuff: “There are people who are born with this money who don’t have that desire to have a purpose. Who don’t need to feel this sense of accomplishing something on your own. I need to have this sense that I am doing something. I can’t just sit there and then, well, by 11 o’clock it’s time to get up and we’ll start with a double scotch or something like that.”

    Physical Characteristics: Height: 176 cm

    Hair color: Brown

    Eye color: Light Blue

    Weight: 78 kilo

    Connections

    • Georg Schaeffler is divorced. Has 4 children.
    • mother: Maria-Elisabeth Schaeffler.
    Georg Schaeffler
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    Born October 19, 1964
    (age 53)
    Nationality
    • 1990
      University of St. Gallen
    • 1999
      Duke University
    • 1990 - 1996
      With INA Schaeffler Group
      Herzogenaurach, Bayern, Germany
    • 1996
      With INA Schaeffler Group

    Award

    Contributor  

    Dasha Sergeeva

    last changed 20/12/2015 view changes
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      • finance and international groups Haynes and Boone Limited Liability Partnership
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      • Today, Schaeffler Group, which had revenues of $15.4 billion in 2013, is active in the automotive, industrial and aerospace sectors, and employs 80,000 in about 170 locations in 49 countries.
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