Intraco Vice President Named Executive Director, CEO of SME

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SME, a Dearborn-based nonprofit that aims to advance the manufacturing industry, has named Jeffrey M. Krause as its new executive director and CEO.

“SME has supported the manufacturing industry, including companies, students, and professionals, for more than 80 years,” says Krause, who most recently served as vice president of operations at Troy-based Intraco Corp. “To join this organization at a time when manufacturing is vital and growing is truly an honor.”

In his new role, Krause will be responsible for setting the strategic direction of the organization, while also leading day-to-day operations and working with customers and stakeholders. He will have general management of all aspects of SME, with oversight of its online manufacturing training, media group, scholarships and grants programming, events, and membership.

Krause, who holds a bachelor’s in industrial administration from Kettering University and a master’s in business administration from the Harvard Business School, was responsible for enhancing business processes for sustainable and profitable growth at Intraco. Prior to that, he held various manufacturing, sales, and strategy roles at Delphi and General Motors Co., including a role as the GM Foundation vice chairman.

“Krause’s strong background positions him to support SME in its goals of advancing manufacturing and attracting future generations,” says Wayne F. Frost, the organization’s interim CEO and 2015 president.

Krause’s new position will be effective on Monday.