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[SAUER DANFOSS LOGO]
FOR IMMEDIATE RELEASE
OCTOBER 24, 2000
SAUER-DANFOSS INC. NAMES WILCOX VICE PRESIDENT AND GENERAL MANAGER OF GLOBAL
BUSINESS UNIT HYDROSTATICS
AMES, IOWA, USA, OCTOBER 24, 2000 SAUER-DANFOSS INC. (NYSE: SHS; FSE: SAR)
announced that James R. Wilcox will be returning to Sauer-Danfoss Inc. as
Vice President and General Manager of the Global Business Unit Hydrostatics,
effective October 30, 2000. Wilcox will be responsible for all Sauer-Danfoss
Inc. hydrostatic locations in North America, Europe, and Asia and will be a
member of the Global Management Team. He will report to Niels Erik Hansen,
Executive Vice President and Chief Operating Officer.
Wilcox joined Sauer in 1992 as Vice President, Operations-US Hydrostatics
and in 1995 became General Manager - US Hydrostatics. He was a major factor
in the significant development of the company's hydrostatic business during
the past decade. Wilcox left the company in October 1999 to move closer to
the greater Chicago area because of family commitments.
"We are extremely pleased to welcome Jim back to the Sauer-Danfoss
organization," commented David L. Pfeifle, President and CEO. "His knowledge
of our business and the industry will be a true asset to us in his new role.
Under Jim's leadership, we will combine our worldwide hydrostatics
operations, allowing us to realize further synergies and continue our focus
on being one global company."
Sauer-Danfoss Inc. is a worldwide leader in the design, manufacture and sale
of engineered hydraulic systems and components for use primarily in
applications of off-highway mobile equipment. Sauer-Danfoss, with
approximately 6,500 employees worldwide and sales of about $950 million, has
manufacturing and engineering capabilities in Europe, the United States and
China, and principal business centers in Ames, Iowa, Neumunster, Germany, and
Nordborg, Denmark. More details online at www.sauer-danfoss.com.
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FOR FURTHER INFORMATION PLEASE CONTACT:
SAUER-DANFOSS INC. - INVESTOR RELATIONS
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KENNETH D. MCCUSKEY Sauer-Danfoss Inc. Phone: (515) 239-6364
Vice President - Finance 2800 East 13th Street Fax: (515) 239-6443
Ames, Iowa, USA 50010 [email protected]
JOHN N. LANGRICK Sauer-Danfoss Inc. Phone: +49-4321-871-190
Director of Finance - Europe Krokamp 35 Fax: +49-4321-871-121
D-24539 Neumunster [email protected]
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Internet: http://www.sauer-danfoss.com
