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Change of CEO at the KraussMaffei Group as of January 1, 2023

Change of CEO at the KraussMaffei Group as of January 1, 2023

At its November 29 meeting, the KraussMaffei Group (KMG) Supervisory Board acknowledged with approval CEO Dr. Michael Ruf's personal request not to extend his contract, which expires at the end of March 2023, and named Mr. Li Yong as his successor.