Dr. Steffen Weisser Appointed Vice President Global Operations And Peter Hultberg Named Vice President Global Sales & Marketi...
June 15 2009 - 4:00PM
Business Wire
Baldwin Technology Company, Inc. (NYSE Amex: BLD), a leader in
process automation technology for the global printing industry,
announced today the election of Steffen Weisser and Peter Hultberg
as vice presidents of the Company, effective July 1, 2009.
Weisser will be responsible for Baldwin�s global operations and
will be based at its Friedberg facility in Germany. Hultberg, who
will lead the company�s global marketing, sales and service
functions, will be based at Baldwin�s plant in Arlov, Sweden. Both
executives will report directly to Karl Puehringer, Baldwin�s
president and chief executive officer.
Dr. Weisser, 45, has served as Managing Director of Baldwin�s
German operations since September, 2007. Prior to joining Baldwin,
he was Managing Director of Georg Sahm GmbH, a machine manufacturer
for the technical textiles and packaging industry in Eschwege,
Germany and had held management positions with other companies in
the machine manufacturing industry. Dr. Weisser earned a Ph.D. in
Mechanical Engineering at the University of Leeds, England in
cooperation with the University of Zurich.
Mr. Hultberg, 42, whose father co-founded Baldwin Jimek, AB, is
currently Managing Director of that operation and has been part of
the management team there since 1988. Baldwin acquired Jimek AB in
October, 1995. Mr. Hultberg has a Degree in Mechanical Engineering
from Lund, Sweden.
Peter Hultberg said: �I look forward to continuing as a member
of the Baldwin Leadership Team and to assuming my new
responsibilities. Baldwin�s global sales and service infrastructure
serves as a strong platform for further expanding our market
position, including the addition of alliance partner technologies.
Our global sales and key account management team will continue to
focus on our customers� needs and interact to improve the quality
of print and increase the efficiency of their printing
processes.�
Steffen Weisser added: �Recently-implemented facility
consolidations of Baldwin�s European operations have significantly
improved our cost structure around the world. We will continue to
diligently work on product and process innovation and the
competiveness of our cost structure and processes.�
Karl Puehringer, President and CEO of Baldwin added, �I am
pleased to welcome Steffen and Peter into these new senior
executive positions. Both Steffen and Peter have done a terrific
job in their current responsibilities and bring the drive, talent
and background necessary for their respective roles. I look forward
to working with them to execute our strategy and further leverage
our assets and Baldwin�s strong market position.�
About Baldwin
Baldwin Technology Company, Inc. is a leading international
supplier of process automation equipment for the printing and
publishing industries. Baldwin offers its customers a broad range
of market-leading technologies, products and systems that enhance
the quality of printed products and improve the economic and
environmental efficiency of printing presses. Headquartered in
Shelton, Connecticut, the company has operations strategically
located in the major print markets around the world and distributes
its products via a global sales and service infrastructure.
Baldwin�s technology and products include cleaning systems, fluid
management and ink control systems, web press protection systems
and drying systems and related consumables. For more information,
visit http://www.baldwintech.com
Information for investors, including an investment profile about
Baldwin is available at www.hawkassociates.com/profile/bld.cfm.
Investors may contact Julie Marshall or Frank Hawkins, Hawk
Associates, at (305) 451-1888, e-mail: baldwin@hawkassociates.com.
An online investor kit including press releases, current price
quotes, stock charts and other valuable information for investors
is available at http://www.hawkassociates.com.
This release contains certain forward-looking statements which
involve known and unknown risks, uncertainties or other factors not
under the company�s control, which may cause actual results,
performance or achievements of the company to be materially
different from the results, performance or other expectations
implied by these forward-looking statements. These factors include,
but are not limited to, those detailed in the company�s periodic
filings with the Securities and Exchange Commission.
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