DGAP-News: John Feldmann new chairman of KION Group supervisory board

2011-09-28 / 10:57:00

John Feldmann new chairman of KION Group supervisory board

Wiesbaden, 28 September 2011 - The supervisory board of KION Group GmbH has elected John Feldmann (62) as its chairman. He takes over from Johannes Huth of Kohlberg Kravis Roberts & Co. Ltd (KKR), who is to remain a supervisory board member. The KION Group GmbH shareholders' meeting had appointed John Feldmann as a shareholder representative on its supervisory board. Philip Wack, KKR, had stepped down from the supervisory board.

Johannes Huth, managing director at KKR, and Alexander Dibelius, managing director at Goldman Sachs, stressed: 'With John Feldmann on KION's supervisory board we have a manager with a wealth of international experience. He will support the management under CEO Gordon Riske, and will contribute to the further dynamic growth of the company.'

John Feldmann, who has a doctorate in chemistry, has worked in strategic and operational management roles in the chemical industry for more than 30 years. For several years he was head of south-east Asian business at BASF SE, where he was a member of the board of executive directors from 2000 to 2011. He has been a member of the supervisory board of Bilfinger Berger SE, Mannheim, since 2008 and a member of the chairman's committee of the supervisory board since 2010.

'As chairman of the KION Group's supervisory board, the task of helping KION further expand its operations in the global growth markets is exciting and challenging in equal measure. I am looking forward to working with Gordon Riske and his team', said John Feldmann.

The Company
With its six brands - Linde, STILL, Fenwick, OM, Baoli and Voltas - the KION Group is Europe's market leader for industrial trucks, the global number two in the industry and the leading international supplier in China. In 2010, the Company employed around 20,000 people worldwide and generated revenue of more than EUR3.5 billion.

For more information please contact:
Michael Hauger
Head of Communications and Investor Relations
Tel.: +49 (0)611 770 655
Email: michael.hauger@kiongroup.com

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Dr. Christopher Spies

Senior Manager Corporate Communications

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