Ruder, age 51, has been President of the Danfoss A/S Motion Controls Division since 2001 and has been a member of the Sauer-Danfoss board since July, 2008. In addition, Ruder, a Brazilian and Danish citizen, led Danfoss’ Latin American operations for 10 years and had another 6 years business experience in Latin America before joining Danfoss.
Jørgen Clausen, Chairman of the Board of Sauer-Danfoss Inc., commented, “Sven has substantial global business and operational experience along with specific experience in the fluid power and electronic controls industry. He has led the team that has significantly improved the financial performance of Danfoss’ Motion Controls Division.”
Anderson began his career with Sauer-Danfoss in sales and marketing and was appointed President and Chief Executive Officer in 2002. He will remain an advisor to the board and continue to serve as its Co-Vice Chairman through the 2009 shareholders’ meeting. In addition, Mr. Anderson is currently the Chairman of the National Fluid Power Association and a member of the Executive Committee of the Association of Equipment Manufacturers’ (AEM) Construction Equipment Group.