KION GROUP AG: CTO Eike Böhm to serve a further term on the Executive Board of KION GROUP AG

2018-09-26 / 12:24:21

CTO Eike Böhm to serve a further term on the Executive Board of KION GROUP AG

- Chairman of the Supervisory Board John Feldmann: "Eike Böhm will continue to play a key role in strengthening the competitiveness of the Group."

Frankfurt, September 26, 2018 - It has been confirmed that Eike Böhm (56) will serve for a further three years on the Executive Board of KION GROUP AG. The Supervisory Board decided on Wednesday to reappoint the Chief Technology Officer (CTO) as one of the five members of the KION Group's executive team. Böhm's second term of appointment will commence on August 1, 2019.

Eike Böhm, who holds a PhD in Engineering Management, has been a member of the Executive Board of KION GROUP AG since August 1, 2015 and as CTO is responsible for research and development, procurement, quality, and production systems. He had previously served in various international management roles in research and development at Daimler AG, beginning in 1988. Böhm has also been honorary professor in the faculty of automotive engineering at the University of Applied Sciences in Esslingen since 2009.

"Over the past few years, Eike Böhm has very successfully built up an effective global CTO organization that is helping to exploit groupwide synergies and the KION Group's R&D expertise in order to provide optimum customer solutions," said John Feldmann, Chairman of the Supervisory Board of KION GROUP AG. "I am delighted that in the years ahead he will continue to play a key role in strengthening the competitiveness of our Group and its business operations."

The Company

The KION Group is a global leader in industrial trucks, related services and supply chain solutions. Across more than 100 countries worldwide, the KION Group designs, builds and supports logistics solutions that optimize material and information flow within factories, warehouses and distribution centers. The Group is the largest manufacturer of industrial trucks in Europe, the second-largest producer of forklifts globally and a leading provider of warehouse automation.

The KION Group's world-renowned brands are clear industry leaders. Dematic, the newest addition to the KION Group, is a global leader in automated material handling, providing a comprehensive range of intelligent supply chain and automation solutions. The Linde and STILL brands serve the premium industrial truck segment. Baoli focuses on industrial trucks in the economy segment. Among KION's regional industrial truck brand companies, Fenwick is the largest supplier of material handling products in France, while OM STILL is a market leader in Italy, and OM Voltas is a leading provider of industrial trucks in India.

With an installed base of more than 1.3 million industrial trucks and over 6,000 installed systems, the KION Group's customer base includes companies in all industries and of all sizes on six continents. The Group has more than 32,000 employees and generated revenue of around EUR7.6 billion in 2017.


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.

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