Change in the management of KraussMaffei Group

Change in the management of… Matthias Sieverding has taken over the management of KraussMaffei Group's Extrusion Segment, effective from August 15. The 47-year old engineer and trained tool maker has been working for KraussMaffei Group for almost two decades with just one short interruption in between. In the Group's Executive Committee Sieverding follows Peter Roos, who leaves the company.

Sieverding started his career at KraussMaffei Group after he finished university with a diploma in mechanical engineering. In 2000 he became an Application Engineer in the Injection Molding Machinery Segment. Later on he performed in various positions, among them as Head of Application Department Injection Molding and as Sales Director Technologies and Applications. In 2010 he took over the management of the Extrusion Segment in the US where he developed the business very successfully.

Dr. Frank Stieler, CEO of KraussMaffei Group: "Matthias Sieverding knows our customers and our company very well. We are pleased to welcome him to this position. And we are convinced that with him leading the Extrusion Segment he will strongly support our growth strategy, thus helping us gain additional market share".

Source: Krauss Maffei