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Changes in KraussMaffei’s Management Team February 18 2019

2019 Lucintel Composites Market Insights, February 18, 2019

The KraussMaffei Group has laid the foundations for future growth and is strengthening its management team with the newly created position of Chief Operating Officer (COO). Dr. Michael J. Ruf (54) will become a member of KraussMaffei's Executive Committee (EC) at the company's Munich headquarter on April 01, 2019. The Executive Committee currently consists of CEO Frank Stieler, CFO Harald Nippel and the heads of the four business segments Injection Molding Machinery (IMM), Extrusion Technology (EXT), Reaction Process Machinery (RPM) and Digital Service Solutions (DSS).

In his position as COO, Michael Ruf will lead the four business segments IMM, EXT, RPM and DSS, as well as Global Procurement, Facility Management and the Business Excellence department. He will also be responsible for the US subsidiary KraussMaffei Corporation. At the same time, Michael Ruf will lead the location development projects in Germany.