ThyssenKrupp Budd Appoints Wollenhaupt Chassis Stamping & Systems President

TROY, Mich., June 17 -- ThyssenKrupp Budd Company, a leading supplier to the automotive industry, has appointed Kai-Uwe Wollenhaupt president of the company's Chassis Stamping & Systems Sector.

Wollenhaupt, 45, will be responsible for chassis frame component operations in Hopkinsville, Ken., Kitchener, Ontario, Canada and a recently announced plant in Hermosillo, Mexico as well as chassis module production facilities in Columbia, Tenn., Fowlerville, Mich., and London, Ontario, Canada.

Wollenhaupt most recently served as a board member of Systrand Presta Engine Systems, a unit of ThyssenKrupp Presta, in Liechtenstein. He has also served as director of business development for ThyssenKrupp Presta.

He began his automotive career with the Fiat Group in 1989 and moved to the former Krupp Group in 1996 as head of Supplier Integration, Innovation Management and Trend Analysis. He has also served in a number of operational and sales positions including vice president for North American camshaft operations for Krupp Hoesch Automotive in Troy.

Wollenhaupt is a graduate mechanical engineer and received his engineering degree from the Technical University in Aachen, Germany. He and his family plan to relocate to the Detroit area.

ThyssenKrupp Budd, with headquarters in Troy, Mich. and more than $2.5 billion in sales, is part of the ThyssenKrupp Automotive Group whose annual revenues exceed $6 billion, 50 percent of which come from the NAFTA Region.

ThyssenKrupp Budd products can be found on nearly 100 current model vehicles. The company produces sheet metal stampings and assemblies, chassis modules and frame components, composite autobody panels and pickup boxes, gray and ductile iron castings and bumpers.