DGAP-News: KION GROUP AG / Key word(s): Change of Personnel
Changes to the KION GROUP AG Supervisory Board (news with additional
features)
22.12.2014 / 10:13
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- Birgit Behrendt and Xu Ping to succeed Dr Martin Hintze and Silke
Schreiber
Wiesbaden, 22 December 2014 - The composition of the KION GROUP AG
Supervisory Board is set to change due to the appointment of Birgit
Behrendt and Xu Ping to succeed Silke Schreiber and Dr Martin Hintze on the
company's highest supervisory body. Their appointment takes effect from 1
January 2015.
Birgit Behrendt is Vice President, Global Programs and Purchasing
Operations at Ford Motor Company in the US. Xu Ping is a partner at the law
firm King & Wood Mallesons, where she is head of the Corporate M&A practice
group. Silke Schreiber and Dr Martin Hintze step down from the
Supervisory Board with effect from 31 December 2014 following the reduction
in the stake held by Superlift Holding S.Ã r.l. in KION GROUP AG. This
change means that the number of seats held by women on the KION Group's
16-strong Supervisory Board has now risen from two to three.
Birgit Behrendt, who has been at Ford since 1978, has especially detailed
knowledge of procurement structures gained in various senior international
positions at the US car manufacturer. She holds a degree from the
Administration and Business Academy in Cologne, Germany.
Chinese lawyer Xu Ping has more than 20 years' international advisory
experience, particularly in mergers and acquisitions, joint ventures and
corporate restructuring. She studied law at Stanford Law School (USA) and
the University of International Business and Economics in Beijing.
"By recruiting Ms Behrendt and Ms Xu, the KION Supervisory Board has gained
two enormously successful managers with global business experience. I look
forward to working with them," said Dr John Feldman, chairman of the KION
GROUP AG Supervisory Board. Both the KION Group's Executive Board and its
Supervisory Board emphasised the contribution to the company's success made
by the two board members who are stepping down. "We are extremely grateful
to Ms Schreiber and Dr Hintze for their hard work and years of personal
dedication that stretch back from the early days of the KION Group, to the
company's successful IPO in 2013 and the most successful year in the
history of the KION Group," said Feldmann.
Website: http://www.kiongroup.com/en/main/media_site/mediasite.jsp
Twitter: @kion_group
The Company
The KION Group - comprising the six brands of Linde, STILL, Fenwick, OM
STILL, Baoli and Voltas - is the largest manufacturer of industrial trucks
in western and eastern Europe, the global number two in the industry and
the leading non-domestic supplier in China. The Linde and STILL brands
serve the premium segment worldwide. Fenwick is the largest supplier of
material handling products in France, while OM STILL is a market leader in
Italy. The Baoli brand focuses on the economy segment, and Voltas is a
leading provider of industrial trucks in India. The KION Group is present
in more than 100 countries and, in 2013, employed over 22,000 people and
generated revenue of EUR4.5 billion. KION GROUP AG has been listed on
Deutsche Börse's Frankfurt Stock Exchange since June 2013 and was admitted
to the MDAX, the German stock index for medium-sized companies, in
September 2014.
Disclaimer
This document and the information contained herein are for information
purposes only and do not constitute a prospectus or an offer to sell or a
solicitation of an offer to buy any securities in the United States or in
any other jurisdiction.
This release contains forward-looking statements that are subject to
various risks and uncertainties. Future results could differ materially
from those described in these forward-looking statements due to certain
factors, e.g. changes in business, economic and competitive conditions,
regulatory reforms, results of technical studies, foreign exchange rate
fluctuations, uncertainties in litigation or investigative proceedings, and
the availability of financing. We do not undertake any responsibility to
update the forward-looking statements in this release.
Further information for the media
Michael Hauger
Head of Corporate Communications
Tel.: +49 (0)611 770 655
michael.hauger@kiongroup.com
Frank Brandmaier
Head of Corporate Media Relations
Tel.: +49 (0)611 770 752
frank.brandmaier@kiongroup.com
Further information for investors
Frank Herzog
Head of Corporate Finance
Tel.: +49 (0)611 770 303
frank.herzog@kiongroup.com
Dr Karoline Jung-Senssfelder
Head of Investor Relations and M&A
Tel.: +49 (0)611 770 450
karoline.jung-senssfelder@kiongroup.com
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Additional features:
Document: http://n.equitystory.com/c/fncls.ssp?u=XWBGYTKTAQ
Document title: Download press release as PDF
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22.12.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: KION GROUP AG
Abraham-Lincoln-Str. 21
65189 Wiesbaden
Germany
Phone: +49 (0)611 770-0
Fax: +49 (0)611 770-690
E-mail: info@kiongroup.com
Internet: www.kiongroup.com
ISIN: DE000KGX8881
WKN: KGX888
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
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308061 22.12.2014
DGAP-News: Changes to the KION GROUP AG Supervisory Board (news with additional features)
| Source: EQS Group AG