KBA Appoints CFO to Handle Challenges of the Financial Crisis

When Bolza-Schünemann was appointed president and CEO of KBA in June 2003, finances were added to his existing responsibilities of product development and human resources at KBA’s sheetfed operation in Radebeul, near Dresden. The transfer of his financial remit will give him more time to focus on the long-term strategic realignment of the entire KBA group in the international marketplace. This will entail a consolidation of the sheetfed division, which has been particularly hard hit by the global crisis.