PRESS RELEASE SAURER GROUP Stefan Kross joins the Saurer Board of Directors WATTWIL, SWITZERLAND – 07.04.2015 For Stefan Kross, the return to Saurer is more of a homecoming. He has been appointed as the new Delegate of the Board of Directors for the Saurer Group, where he has worked for a considerable part of his professional life. The Saurer Board of Directors, consisting of international textile and business experts, extended a very warm welcome to Mr. Kross. The Saurer Group is delighted to announce the addition to its expert team of Board of Directors. Mr. Stefan Kross, a long term textile senior executive, has joined the Saurer Board from 1st of April 2015. He has taken up the responsibilities as Delegate of the Board of Directors. Stefan Kross, who holds a degree in Mechanical Engineering (Dipl.-Ing.) from RWTH Aachen, has a longstanding experience in the textile machinery industry, especially in the business of Saurer. Mr. Kross started to work for Saurer in 1990. Following different management positions, he was appointed member of the Schlafhorst Board and was responsible for Winding Systems. In 2004 he took the position as Chief Technology Officer of the Textile Division within Saurer Group. Besides synergy projects in technology, procurement and operations, he established Saurer (China) Technology Co. Ltd and was responsible for the startup of Saurer (Jintan) Textile Machinery Co. Ltd. After his journey with Saurer, he worked for 4 years as the CEO of Oerlikon Barmag. Since 2012, he was the CEO of Oerlikon Manmade Fiber (Barmag, Neumag). In 2013 he was appointed as the Member of Executive Committee of Oerlikon Group. The Saurer Group and the Saurer Board of Directors are looking forward to working closely together with Mr. Kross, who will be a great asset and support to the board owing to his in-depth knowledge of the textile industry and Saurer in particular. SAURER AG Bleikenstr. 11 9630 Wattwil Switzerland PRESS RELEASE SAURER GROUP Media contacts Pia Terasa Head of Marketing & Business Development T + 41 71 987 43 66 [email protected] About Saurer Group: The Saurer Group is a leading textile industry group mainly specialising in machinery and components for yarn processing. Saurer unites the spinning brands Schlafhorst and Zinser, the twisting brands of Allma and Volkmann, pre-spinning brand Jintan and the Saurer Embroidery brand along with the Saurer Components division consisting of the brands Accotex, Daytex, Fibrevision, Heberlein, Temco and Texparts. With annual sales around 1.0 billion EUR, 4,000 employees worldwide and locations in Switzerland, Germany, Turkey, Brazil, Mexico, USA, China, India and Singapore, the group is well positioned to serve the world’s textile industry centres. Picture with caption Stefan Kross joins Saurer Board of Directors. . SAURER AG Bleikenstr. 11 9630 Wattwil Switzerland
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