Matthias Schuster, managing director of Albrecht Bäumer GmbH & Co., died June 7, following a brief illness. He was 56. Schuster worked for the Freudenberg, Germany–based machinery maker for more than 20 years and served as managing director since 2003. “Through his work, Matthias Schuster brought important ideas, which contributed to the success and advancement of this company, thus assuring its continuous further development,” said Helmut Kritzler, who currently acts as Bäumer’s sole managing director.
August 18, 2009