Changes to the KION GROUP AG Supervisory Board - Corrected Version


KION GROUP AG / Key word(s): Change of Personnel

22.12.2014 / 10:57

(Corrected: Spelling of Silke Scheiber)

  • Birgit Behrendt and Xu Ping to succeed Dr Martin Hintze and Silke Scheiber

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 Scheiber 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 Scheiber 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.à 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 Scheiber 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.


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.


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

Frank Brandmaier
Head of Corporate Media Relations
Tel.: +49 (0)611 770 752

Further information for investors

Frank Herzog
Head of Corporate Finance
Tel.: +49 (0)611 770 303

Dr Karoline Jung-Senssfelder
Head of Investor Relations and M&A
Tel.: +49 (0)611 770 450

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