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CMD Corporation Names New President

MARCH 10, 2018 – (APPLETON, WI) - RICARDO ABUD has been named president for CMD Corporation, a 38-year-old design and manufacturing firm for converting, packaging and energy equipment, technology and aftermarket support.  Currently Chief Operating Officer for the firm, Abud will advance to his new role as of March 31.  He will champion employee development and workplace enrichment – programs that help CMD rank among the Best Places to Work in the plastics industry and will lead the company on its continuous commitment to advancing equipment technology, expanding CMD’s international footprint and market presence; and fostering a culture of customer focus. 

Ricardo joined CMD in early 2016 as Vice-President of Marketing and Business Development.  He has taken on increasing responsibilities, including the leadership of three business unit teams; analysis and expansion of international product portfolio, and most recently, as Chief Operating Officer.  

Ricardo has over 28 years of domestic and international business experience in the food, paper and capital equipment industries. He has held a wide range of manufacturing, technical and sales roles throughout his career. Prior to joining CMD, Ricardo was the Global Sales Director for PCMC, with previous experience as the Managing Director for Schreiber Foods Uruguay operation, and General Manager of Schreiber’s Machinery Division.  He speaks English, Spanish, Portuguese and Italian. 

“Ricardo brings a dynamic blend of vision, experience and energy to lead CMD to next-level success,” said exiting CMD President, Steve Sakai.  He has been successful in a variety of challenging and diverse positions including sales and business development, marketing, and executive-level leadership.  He is well-prepared to assume the role of president,” said exiting CMD President, Steve Sakai, who will remain at CMD as an advisor for a brief transition period and retire in May.  He will continue as member of the Board of Directors.

CMD is a local company founded in 1980, located in Appleton, Wisconsin’s NE Industrial Park.  The firm has expanded three times, to its current campus of 125,000 sq. ft. comprising 3 buildings and employing 165+ people. CMD designs and manufactures high-performance equipment for the plastic converting and flexible packaging industry, and for CNG fueling stations.  Winner of the 2017 Governor’s Export Achievement Award, the firm sources and builds locally, and sells its equipment to a global marketplace through a network of sales and service associates worldwide.  More information is available at and