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08-03-2007

KraussMaffei: Chairman Leaves Company

Josef Märtl, chairman of the board of the Munich-based plastics machinery supplier KraussMaffei, leaves the company. According to a press release, Märtl left the company by mutual agreement at the end of July. He has been with KraussMaffei since joining as a trainee in 1973, In 2000, he was appointed director of the Advanced Systems unit, most recently he headed the Injection Moulding Division, one of the company’s three technology divisions.

Märtl will be succeeded temporarily by Manfred Reichel who is already head of the Extrusion Division. He will have the fullest support of the management of the restructured KraussMaffei, especially Dr. Dietmar Straub (CEO) and Dr. Otto Urbanek (CTO).

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