KBA Appoints CFO to Handle Challenges of the Financial Crisis

Along with the rest of the press engineering industry and most exporters, KBA has experienced a collapse in sales over the past year in the wake of the global financial and economic meltdown. The appointment of a new executive vice-president for finances (CFO) to this SDAX-listed company – the world’s first and oldest press manufacturer – is a response to the mounting challenges posed by risk management, financial dealings with banks, and customer financing.