Matthias Sieverding to manage KraussMaffei's global extrusion segment product line

Munich-based KraussMaffei has promoted Matthias Sieverding to manage the product line for its global extrusion segment. He has held multiple roles during his 20 years with KraussMaffei, most recently working as manager of the extrusion segment in the U.S., and will assume the executive committee seat previously held by Peter Roos, who has left the company.