Sauer-Danfoss SHS today
announced that Eric Alstrom has been appointed to the position of President,
Chief Executive Officer and Director, effective October 5, 2012. Alstrom
succeeds Sven Ruder who announced his resignation effective October 5, 2012.
Mr. Alstrom, age 46, has 20 years of experience in the automotive industry,
most recently as Managing Director at Benteler Automotive, a large privately
held German company specializing in lightweight chassis and parts for the
automotive industry. Prior to this Alstrom held several senior leadership
positions at General Motors in the U.S., Asia and Europe. He will be
responsible for continuing the positive development of Sauer-Danfoss following
Mr. Ruder's successful tenure.
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