KraussMaffei CFO steps down amid $380M in losses during 2023

KraussMaffei Chief Financial Officer Jö;rg Breme will leave the company at his own request on July 31, the Germany-based company announced July 8.

The machinery manufacturer has appointed Thomas Giese as an interim successor. Giese specializes on filling interim CFO roles for profit improvement and restructuring projects, according to his LinkedIn profile.

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