Press release: Stefan Krug is Brose’s new Executive Vice President Operations
Stefan Krug is Brose’s new Executive Vice President Operations
Coburg (1 July 2022). Stefan Krug has been entrusted by the shareholders with the management of the Brose Group's Central Production Division as of July 1, 2022. The Coburg native assumes responsibility for the automotive supplier’s global plants along with the central functions Quality, Logistics, Factory Planning and Production Technology. Ulrich Schrickel had been responsible for the division in addition to his duties as Chief Executive Officer after Thomas Spangler moved to the newly established joint venture Brose Sitech at the beginning of the year.
Stefan Krug studied Mechanical Engineering at the Technical University of Munich and the University of Erlangen-Nuremberg. He began his career with Brose in 1998 as Technical Assistant to the Executive Vice President Operations. A year later he was assigned his first leadership role when he took over management of the reorganization project for the Coburg location. As Vice President Coordination Plants and Joint Ventures Brose Group, Stefan Krug reported directly to Michael Stoschek, then managing partner, and played an active role in expanding international locations. He became general manager of the Coburg plant in 2008 and, four years later, also assumed responsibility for production in the seat systems division. As Chief Operating Officer (COO) Brose North America, he headed up the plants in that region from 2014 to 2019.
From 2020 to his return to Brose, Stefan Krug was Senior Vice President Operations at ZF Friedrichshafen, where he was responsible for global production in the Car Chassis Technology Division.
“I’m delighted that Stefan Krug, an expert in production networks, a leader with international experience and a man familiar with our family-owned company, is returning to Brose,” says Michael Stoschek, Chairman of the Administrative Board Brose Group.
Ulrich Schrickel, Chief Executive Officer of the Brose Group, adds: “With his knowledge and expertise Stefan Krug is to further increase productivity of Brose plants worldwide, streamline production workflows and push ahead with digitalization.”
Brose is the fourth-largest family-owned automotive supplier. Every second new car worldwide is equipped with at least one Brose product. The company's intelligent solutions for vehicle access and interiors provide greater comfort and flexibility. Innovative concepts for thermal management increase efficiency and contribute to environmental and climate protection. Brose's systems understanding enables new functions in all kinds of vehicles – whether on four or two wheels. Including the joint venture Brose Sitech, the company employs 30,000 people at around 70 locations in 25 countries. For 2022, the Brose Group expects a turnover of more than 7 billion euros.
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