Extrusion manufacturer battenfeld-cincinnati has named Gerold Schley as the company's new president and CEO. Following Jürgen Arnold's resignation, the company's CFO Michael von Cappeln has acted as interim president and CEO.

Gerold Schley has previously held several leading positions in the plastics industry - first in the injection molding sector, then for a number of years in consulting, and most recently as managing director of Milacron's European subsidiaries and VP of its Chinese subsidiaries.

Hans Maret, chairman of the supervisory board of the battenfeld-cincinnati group, comments: "We are very pleased to win an outstanding top executive like Gerold Schley, with such distinguished leadership qualities and a long-term expertise in our business areas. We are confident that, thanks to his international expertise and knowledge of the Chinese market, we will continue to drive the positive future development of battenfeld-cincinnati in the global market."

"We take this opportunity to thank Jürgen Arnold for his great commitment and successful service, wishing him all the best for his future career and private life," Maret continues.

This change will go into effect on Jan. 1, 2015.