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Jörg Bremer, new CFO of the KraussMaffei Group (Source: KraussMaffei)

04. June 2021

KraussMaffei: Jörg Bremer appointed CFO

KraussMaffei has appointed Jörg Bremer as new Chief Financial Officer (CFO) of the KraussMaffei Group and the Shanghai-listed KraussMaffei Company Limited (KMCL), effective 1 July 2021. Jörg Bremer will also become a member of the KraussMaffei Group Management Board. He succeeds Dr. Harald Nippel, who has the company effective 31 May 2021 at his own request, after six years of successful cooperation.

Most recently, Jörg Bremer was CFO and Management Board member of Sixt SE in Pullach. Prior to that, he successfully held the position of CFO North America and other executive roles at Brose Fahrzeugteile in Pune (India), Coburg, Detroit (USA) and Würzburg.

"A traditional company with a great global reputation, KraussMaffei has embodied the pioneering spirit and innovation in large-scale machine manufacturing for over 180 years. It's an honor to have the chance to help shape such a company strategically and operationally as CFO. I look forward to contributing my experience and know-how to KraussMaffei's positive development, especially with regard to digitalization, standardization and growth," explains Jörg Bremer.

As CFO, he will be responsible for Finance and Controlling as well as IT, Human Resources, Treasury, Legal & Patents, Tax, Customs & Foreign Trade, and Business Excellence & Facility Management. He will also assume the position of CFO for KMCL, which was listed on the Shanghai Stock Exchange at the end of 2018. Initially, his main tasks will include further digitalization, improving processes and optimizing the Group's cost structure.

Dr. Michael Ruf, Chief Executive Officer and Chairman of the Management Board, says, "We are delighted to have been able to recruit an accomplished manager as Jörg Bremer as CFO for KraussMaffei. His many years of experience in international companies are a great asset for us. I am firmly convinced that with his dynamism and competence we will achieve our ambitious growth targets.”

Dr. Harald Nippel started his successful career at KraussMaffei in 2016 as CFO of the Group. Since then, he has driven forward key initiatives and projects in his areas of responsibility worldwide and thus made a significant contribution to the positive development of KraussMaffei. As CFO, he was most recently responsible for the entire Finance & Controlling area, Treasury, Customs & Foreign Trade, IT and HR, Business Excellence & Facility Management, Legal & Patents. In 2018, after the listing of KraussMaffei Company Limited (KMCL) at the Shanghai Stock Exchange, Harald  Nippel also took over the CFO position at KMCL.

„We would like to thank Harald Nippel for his services, valuable contributions and extensive personal commitment to KraussMaffei“ says Dr. Michael Ruf, CEO of Krauss Maffei Group.


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