Change in the management of KraussMaffei Group
Matthias Sieverding has taken over the management of KraussMaffei Group’s (Munich, Germany) extrusion segment, effective from 15 August. 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.
In 2000, Sieverding became application engineer in the injection moulding machinery segment. Later on he performed in various positions, among them head of application department injection moulding and 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".