Member News: Kraft Fluid Systems Celebrates Long-Time CEO Retirement

NFPA member news is designed to inform members of key industry updates in quick, bite-sized posts that provide only the most important information. This week’s update comes from Kraft Fluid Systems.

Kraft Fluid Systems recently announced the retirement of Diane Baker, who had been CEO of the company since 2007. Her career at Kraft began in 1983, and she held a number of management positions during her 38-year tenure. Her responsibilities have included strategic hiring, acquisition and the implementation of the company’s employee stock ownership plan (ESOP) in 1998. She will remain on as Chair of the Board of Directors. With this retirement, Scott Durand, President of Kraft, has assumed the role of CEO, and Patrick Green, Sales Manager, has assumed the role of Vice President of Sales & Marketing.

Read the full release here.

Is your company making news? Let us know! Send your press releases regarding acquisitions, key personnel changes, moves, and expansions to Katrina Schwarz at kschwarz@nfpa.com.

Recent Posts

Q1-Q3 2024 US Trade Data Updated: Mexico Dominates Fluid Power Trade with US

The first three quarters of USITC 2024 data have been released, revealing how it has been measuring up to last year’s US import and export levels of fluid power products. US fluid power exports are on course finishing the year with a growth rate whereas fluid power imports to the US are behind schedule. 2023-dollar…

Read More about Q1-Q3 2024 US Trade Data Updated: Mexico Dominates Fluid Power Trade with US

NAM Regulatory Update: Small Manufacturers: Congress Must Restore Full Expensing

As part of an effort to bring more information about the regulatory and legal environment facing American manufacturers, NFPA is monitoring the newsfeed of the National Association of Manufacturers (NAM) and will be bringing important updates like this to the attention of NFPA members. (October 17, 2024) As part of the NAM’s “Manufacturing Wins” tax…

Read More about NAM Regulatory Update: Small Manufacturers: Congress Must Restore Full Expensing

Breaking the Mold: Inspiring Paths to Leadership in the Fluid Power Industry

This episode of Fluid Power Forum features Jeff Behling, President and CEO of STAUFF Corporation. Listen to the Podcast Here Jeff’s journey from the shop floor to the executive suite is a testament to the power of perseverance, continuous learning, and seizing opportunities. His story is relevant not just because of his unique background but…

Read More about Breaking the Mold: Inspiring Paths to Leadership in the Fluid Power Industry