Lotte, January 16, 2023 – FRIMO, headquartered in Lotte, Germany, has completed a change in its Management Board, effective January 1, 2023. Paulo Cruz Pinto and Siegfried Köhler form the new dual leadership as co-CEOs at FRIMO Group GmbH.
Dr. Christof Bönsch, CEO of FRIMO Group since 2019, left the company for personal reasons in December 2022. Under his leadership, comprehensive restructuring measures were implemented, and processes initiated for strategic repositioning and reorganization of the value-add structure and business processes to ensure future viability.
Effective January 01, 2023, co-CEO Paulo Cruz Pinto is responsible for Finance & Administration and co-CEO Siegfried Köhler for Sales & Operations. Both co-CEOs have been with the FRIMO Group since the beginning of 2022 and bring many years of industry experience from top management positions in international companies. At prior companies, Mr. Cruz Pinto's focus was on global finance in the automotive sector and Mr. Köhler's focus was on international management and sales of tools, machinery, equipment, and production systems for the plastics processing industries.
New Management Board FRIMO Group from left:
Siegfried Köhler, co-CEO Sales & Operations
Paulo Cruz Pinto, co-CEO Finance & Administration
Our goal is to maximize customer satisfaction throughout the entire lifetime of our machines. We can only reach this goal if machines are optimally maintained and equipped with FRIMO original spare parts at our customers’ locations.
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