Peter Kruse

Marengo, IL, United States
Nissan Forklift Corp (NFC) has appointed Peter Kruse as president for its North and South American operations.

Kruse succeeds Takanobu Tokugawa and is the first American in Nissan Forklift's history to be appointed to the position.

Kruse joined NFC in July 2004 as chief financial officer six months after the company introduced its Platinum internal combustion forklifts. His contributions helped lead NFC to streamline the Marengo operations, resulting in "increased efficiencies, favourable cost restructuring and improved financial stability".

NFC says Kruse's assistance in the company's goal to boost its brand identity in the Latin American markets has made a positive impact on overall market penetration.

Before joining NFC, Kruse had nearly 20 years of financial experience in industrial manufacturing and consumer products companies including Honeywell and Newell Rubbermaid. He focused on areas that included strategy development and execution, financial process improvement and cash flow optimisation.

Chicago, IL, United States
Sauer-Danfoss Inc has appointed Jesper V Christensen as executive vice president and chief financial officer, effective May 1.

Christensen succeeds Karl J Schmidt who announced his resignation last week. Schmidt will remain with Sauer-Danfoss until April 30.

Christensen, 39, has been vice president, finance, IT & HR of the Danfoss Motion Controls division since 2007. He will be responsible for finance, accounting, legal, investor relations and information technology functions and will be based in Neumünster, Germany.

Sven Ruder, company CEO, says: "I have worked with Jesper for eight years. He brings strong interpersonal and leadership skills and a successful career in finance, IT, business services and HR to our company."