Nedschroef Group named Paul Raedts as CEO and Arjan Verheij as CFO, effective April 1.

Raedts joined Nedschroef in 2001 and has worked as CFO since 2011.

Verheij joined Nedschroef in 2015 as group finance director.

“During this time of challenges and transformation, the Supervisory Board is convinced that Paul Raedts and Arjan Verheij are the right persons leading Nedschroef,” said board chairman Zhiyan Zhou.

Former CEO Matthias Sckuhr, who took that position in 2019, left the group to develop batteries and fuel cell technology for Freudenberg Sealing Technologies.

Based the Netherlands, Nedschroef supplies fasteners and other engineered cold formed components for the automotive and aviation industries. Web: Nedschroef.com