KBA Exec Garbrecht Stepping Down

DALLAS—Holger Garbrecht, KBA North America's president and CEO, will be stepping down effective Aug. 31 and is returning to Germany for what the press manufacturer termed family reasons. The company expects to name a new North American chief executive within the next several weeks.

Garbrecht joined KBA in October of 2007, replacing Ralf Sammeck. Earlier this year, he oversaw the North American division's move to Dallas, bringing the web and sheetfed units together.