(Munich, 31 July, 2020) Dr. Volker Nilles (49) will take over as Executive Vice President of the New Machines Division at Munich-based engineering company KraussMaffei from 1 August.

Trained as a mechanical engineer, Dr. Nilles joined KraussMaffei at the beginning of 2020 taking charge of the Injection Molding division. From
1 August this division, along with our Reaction Process Machinery division, will be integrated into a newly created entity named New Machines. Over the coming year, KraussMaffei will also manage its Extrusion Technology under the responsibility of this new division.

Volker Nilles began his career at the Technical University of Munich, where he worked first as a research assistant in the Department of Business Administration and later as Head of Innovation Management and Plant Development. In 2001 he received his doctorate degree for work on "Efficient design of product classification systems". He later held positions at ThyssenKrupp Metal Cutting (Ludwigsburg), the industrial technology group Bosch Rexroth and the construction equipment manufacturer Kleemann in Göppingen, where he was CEO for nine years.

"I am very pleased that in Volker Nilles we have been able to win over an expert who is as accomplished as he is experienced in the field of New Machines. By pooling our strengths in the new division, we intend to further strengthen KraussMaffei's position as the world's leading manufacturer of machinery and systems for producing and processing plastics and rubber. We will continue to focus on the specifics of the individual product and project families," says KraussMaffei CEO Dr. Michael Ruf.

"In my first seven months at KraussMaffei, I have gotten to know a very open and motivated team with a high level of expertise and a great deal of knowledge about products, applications, technology and the markets. My most important goal now is to put the customer at the heart of our business. For our customers, we are the problem solver who understands their requirements and offers tailormade solutions. I am looking forward to this great task and I am sure that we will master the challenges ahead by joining all our forces," says Dr. Volker Nilles.