Sensata Technologies Appoints Stephan von Schuckmann as New CEO

By Bobby Samwell • Wednesday, December 18 10:15 • Permanent Link

Sensata Technologies (NYSE: ST) has appointed Stephan von Schuckmann as its new Chief Executive Officer (CEO) effective January 1, 2025. Stephan von Schuckmann brings over 20 years of global automotive and industrials experience to the role, most recently serving as a member of the board of management at ZF Friedrichshafen AG with global leadership responsibility for its electric mobility division, which had an annual revenue of more than $12 billion.

The company's outgoing CEO, Martha Sullivan, stepped back into the CEO role on an interim basis and led the search for a new CEO. Sensata's Chairman of the Board, Andrew Teich, expressed enthusiasm for von Schuckmann's appointment, citing his extensive experience in the automotive and industrial sectors, including both conventional and electrified powertrains.

Sensata Technologies is a global industrial technology company with more than 19,000 employees and operations in 15 countries. The company provides sensors, electrical protection components, and sensor-rich solutions to customers in the automotive, heavy vehicle & off-road, industrial, and aerospace markets.

Von Schuckmann expressed his excitement at joining Sensata during a pivotal time in its growth cycle, emphasizing the company's unique position to support its customers with applications that meet the needs of a safer, cleaner, and more efficient world. Sensata's strengths, including longstanding customer relationships, a global manufacturing footprint, and a dedicated team of employees, were highlighted as key assets by von Schuckmann.

As the new CEO takes on his responsibilities, Martha Sullivan has agreed to act as a special advisor to von Schuckmann to ensure a smooth transition. The appointment of von Schuckmann reflects Sensata's commitment to capitalizing on opportunities and navigating the challenges of its diverse industries under his leadership. Following these announcements, the company's shares moved 0.2%, and are now trading at a price of $29.55. For more information, read the company's full 8-K submission here.

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