Chief Executive Officer

Sebastian H. Brandes, born in 1965, is married and has two children. He holds a Master Degree in Business Administration (University in Göttingen/Germany).

After having completed his professional education, military service and studies, Sebastian Brandes passed a management trainee program with Preussag AG from 1992 to 1994. Then he joined Noell Service Maschinentechnik GmbH and was appointed Commercial Director.

After Noell Service Maschinentechnik GmbH was taken over by the Konecranes Group, Sebastian Brandes joined the senior management and held several managerial positions (Financial Director, Managing Director) between 2000 and 2005. From 2005 to the beginning of 2009, Mr. Brandes managed STAHL CraneSystems GmbH in Künzelsau/ Germany as Managing Director.

Sebastian H. Brandes has been CEO of Salzgitter Maschinenbau AG since March 1, 2009.

Chief Finance Officer

Rainer Veith, born in 1969, is married and has 2 children. After his apprenticeship at Dresdner Bank, he completed his studies at the University of Paderborn as a graduate in business administration. Later, Mr. Veith successfully completed his MBA studies at WHU / Kellogg.

In 1996, Mr. Veith began his professional career in a post-graduate programm at Robert Bosch GmbH. Until 2003, Mr. Veith worked in various controlling functions for Robert Bosch GmbH and ZF in the USA, Germany, France and Italy. In the years 2003 to 2017, Mr. Veith has held various management positions for E.ON and later Uniper as Commercial Director, Project Director and Director Corporate Procurement in Germany and the UK.Since 2018 to the end of October 2019, Mr. Veith worked as General Manager and CFO for the Bilfinger Group in Lyon, France. Effective November 1, 2019, Mr. Veith was appointed as a member of the Executive Board of SMAG. Mr. Veith is responsible for Finance, Controlling, HR, Procurement and IT.


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