Management Structure

The global management structure of the Demag Cranes Group corresponds to a matrix structure. The Management Board holds responsibility for the segments with the support of regional and functional managers. Earnings and informational accountability is secured through segment analysis.

Regional accountability is organised through a global sales organisation with local sales and service companies and a partner network. Sales of products and services are managed Group-wide through the sales organisation.

The production network, comprising strategically sited component factories in Germany, Brazil and China, local crane factories and partners, ensures consistently high product quality at high levels of efficiency.

In the course of restructuring, key corporate management functions will be pooled within Demag Cranes AG as the operating holding company. This secures functional accountability for areas such as global production, research and development (R&D), product marketing and shared services. Essential decision-making processes gain further in speed, cost-efficiency and flexibility as a result.

Changes on the Board

Aloysius Rauen (52) became CEO of Demag Cranes AG on 1 May 2009. The Supervisory Board appointed Rauen as a member of the Management Board with effect from 1 May 2009 and nominated him as CEO by resolution of 23 February 2009. Mr Rauen was previously CEO of Eurofighter Jagdflugzeug GmbH. The previous CEO Harald J. Joos stepped down from the Management Board of Demag Cranes AG with the agreement of the Supervisory Board on 31 March 2009.