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Diedrich Roasters names Karl Schmidt as CEO

From the May 2019 issue.

United States-based roaster manufacturer Diedrich Roasters has appointed Karl Schmidt as its new Chief Executive Officer. Schmidt succeeds Michael Paquin who is retiring after serving as Diedrich Roasters’ CEO for the past seven years.

“For almost 40 years, the Diedrich name has been synonymous with specialty roasting,” Schmidt says. “I am excited to lead the company into its next phase of growth and innovation while building upon its values of roasting excellence.”

Schmidt has worked in the coffee and cocoa industries for the past 30 years, previously holding the position of President and Board Member of the Probat Group of companies in North America.

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“We are thankful for Mike’s leadership of the past seven years and are excited to welcome Karl as our next CEO of Diedrich. During this time of growth and consolidation in the coffee industry, there is no better person to lead Diedrich Roasters,” says Allen Tibshrany, Diedrich’s lead Board Member and Managing Director at City Capital Ventures, a Chicago-based investment firm.

“Karl is a proven industry leader with clear business vision, customer-centric focus, deep industry knowledge, and world-class engineering and design know-how. His vision for how roasting technology and innovation will be used and experienced by customers around the world is exactly what Diedrich needs as we enters our next chapter.”

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