Early Life
Georg Friedrich Wilhelm Schaeffler was born on October 19, 1964, in Erlangen, Germany. He is the son of Georg Schaeffler and Maria-Elisabeth Schaeffler, who founded the Schaeffler Group. After completing his secondary education, he served in the German armed forces, rising to the rank of lieutenant in the air force reserves.
Rise to Success
Schaeffler pursued higher education at the University of St. Gallen in Switzerland, earning a degree in business and economics in 1990. From 1990 to 1996, he gained valuable experience working within the Schaeffler Group. He later moved to the United States to study law at Duke University School of Law, obtaining his Juris Doctor degree. He practiced international business law in Dallas, Texas, from 2000 to 2006. In 2009, he returned to Germany to take an active role in the family business.
Key Business Strategies
Under Georg Schaeffler's leadership, the Schaeffler Group has focused on innovation and sustainability, particularly in electric mobility and renewable energy technologies. He emphasizes the need for adaptability and flexibility to respond to market changes and technological advancements. His management philosophy prioritizes balancing profitability with responsibility and innovation with tradition. He is currently the Chairman of the Supervisory Board of Schaeffler AG.
Philanthropy
Details regarding Georg Schaeffler's specific philanthropic initiatives and amounts are not readily available in the search results. However, Schaeffler's leadership principles emphasize ethical stances that align with modern corporate governance norms, building trust and respect with stakeholders.
