Bosch Rexroth Corp. Names New President & CEO

Bosch Rexroth Corporation has announced that Berend Bracht, former CEO of Bosch Rexroth China and former head of the company’s U.S. industrial hydraulics operation will take over as president and chief executive officer effective January 1, 2007. Bracht replaces Wolfgang Dangel, who has led the U.S. subsidiary of the German-based company since April 2003. Dangel is leaving to accept a leadership position with the Schaeffler Group.