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MTS Announces the Appointment of Ms. Maximiliane Straub to the Board of Directors

EDEN PRAIRIE, MN, Jan. 9, 2017 /PRNewswire/ -- MTS Systems Corporation (Nasdaq: MTSC), a leading global supplier of high-performance test systems and sensors, today announced the appointment of Ms. Maximiliane (Max) Straub to its Board of Directors.

Ms. Straub currently holds the position of Chief Financial Officer and Executive Vice President of Finance, Controlling, and Administration for Robert Bosch LLC.  A native of Germany, Ms. Straub has held positions in international business, operations, finance, controlling and M&A in her nearly 25 year career with Bosch, including numerous leadership roles related to advanced automotive systems.  In addition to her responsibilities at Bosch, Ms. Straub is the Vice Chair of Inforum, a professional women's alliance, and serves on the Board of Governors for the Cranbrook Institute of Science.  In 2010 and 2015, Ms. Straub was recognized by the Automotive News as one of the 'Top 100 Women in the Auto Industry.'

"We are very pleased and honored to have the opportunity to appoint Max Straub to the MTS Board of Directors," said Mr. Dave Anderson, Chairman of the Board for MTS.  "Max's extensive background in the automotive industry, and her outstanding record of P&L leadership and other key executive roles with Bosch, make her an ideal fit for MTS.  With Bosch's 130-year focus on technology leadership, and broad service to global automotive OEM's, Max's exposure to the rapidly changing technology trends in these markets is excellent.  In addition, Bosch is among the world-leaders in sensor technology and their application to industrial automation and the 'internet of things'. This positions Max well to support MTS's growth strategies broadly, across both the Test and Sensor markets that the Company serves.  Max also adds to the strong history of diversity on the MTS Board, which spans gender, geographic origin, and specific market expertise, reflecting MTS's core values and the markets that MTS serves around the world.  We are proud of our history, and very pleased to have Max join us for the exciting future we see ahead for our company."

About MTS Systems Corporation

MTS Systems Corporation's testing hardware, software and services solutions help customers accelerate and improve their design, development and manufacturing processes and are used to determine the mechanical behavior of materials, products and structures. MTS's high-performance sensors provide controls for a variety of applications measuring motion, pressure, position, force and sound. MTS had 2,400 employees as of October 3, 2015 and revenue of $564 million for the fiscal year ended October 3, 2015. Additional information on MTS can be found at www.mts.com.

 

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SOURCE MTS Systems Corporation

Andy Cebulla, Director of Investor Relations and Treasurer, (952) 937-4000