Management succession at Kautex Maschinenbau: Christian Pum succeeds Andreas Lichtenauer as Managing Director Sales (CSO) as of August 1, 2021.

At the end of 2019, Kautex Maschinenbau responded consistently to massively changed market conditions. With a new vision, mission and philosophy for the Kautex of the future, thecompany has initiated a new strategic direction. With success: Kautex Maschinenbau has already implemented the change quickly, consistently and successfully in many areas of the company.

Thomas Hartkämper, CEO, explains: "Part of this strategy is also the succession planning in the Group's management, always in line with the new vision, mission and philosophy for the future Kautex. Now it is time to initiate this change in sales and service as well."

He added: "In this context, we would like to thank Andreas Lichtenauer for his many years of dedication and passion for Kautex Maschinenbau. He has helped shape a successful era for the company. Andreas Lichtenauer was not only instrumental in building up the Chinese market. His success in building up the fuel tank business worldwide has also had a lasting impacton the company and the entire industry.

In August, Christian Pum will take over as the Group's new Managing Director Sales, responsible for global sales. As an experienced manager in the field of sales for injection molding systems, he will strengthen the global team, particularly for the target segments of packaging, pharmaceuticals and medical. Continuing the change in sales as well as building an internal succession will be among his tasks.

Thomas Hartkämper (CEO) will additionally be responsible for the service area in order to strengthen the overall customer focus. Julia Keller (CFO) will be appointed to the management board of Kautex Maschinenbau GmbH.