Thomas Toepfer and Ching Pong Quek to serve four more years on Executive Board of KION GROUP AG

2015-09-24


DGAP-News: KION GROUP AG / Key word(s): Miscellaneous

2015-09-24 / 11:43


  • Chairman of the Supervisory Board John Feldmann: "Continuity with a successful team will underpin the implementation of Strategy 2020"

Wiesbaden, 24 September 2015 - Thomas Toepfer (43) and Ching Pong Quek (48) will serve as members of the KION GROUP AG Executive Board for four more years. On Thursday the Supervisory Board made the decision to reappoint Chief Financial Officer Toepfer and Chief Asia Pacific Officer Quek to the four-man executive committee of the KION Group, one of the world's two leading suppliers of forklift trucks, warehouse technology and associated services. Mr Quek's new term in office begins on 1 July 2016, Mr Toepfer's on 1 September 2016.

"I look forward to continuing what has been a fruitful working relationship with Thomas Toepfer and Ching Pong Quek," said the chairman of the Supervisory Board of KION GROUP AG, John Feldmann. "The Executive Board team, under the successful leadership of CEO Gordon Riske and with the addition of Eike Böhm as Chief Technology Officer on 1 August, is providing the necessary continuity for the implementation of the KION Group Strategy 2020. This strategy is aimed at further expanding the Group's global presence and generating sustained profitable growth."

Ching Pong Quek joined the Executive Board of the KION Group in 2013. He took overall charge of the KION Group's Asian business in 2008. Since 2006, Quek has been CEO of Linde (China) Forklift Truck Corp., which is based in Xiamen. CFO and Labour Relations Director Thomas Toepfer has been a member of the KION Group Executive Board since 2012. He was previously CFO and Labour Relations Director of STILL GmbH, one of the KION Group's two premium brand companies.

Website: kiongroup.com/mediasite

Twitter: @kion_group


The Company

The KION Group - comprising the seven brands of Linde, STILL, Fenwick, OM STILL, Baoli, Voltas and Egemin Automation - 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. Egemin Automation is a leading Belgian logistics automation specialist.

The KION Group is present in more than 100 countries and, in 2014, employed almost 23,000 people and generated revenue of around EUR4.7 billion. KION GROUP AG is listed on Deutsche Börse's Frankfurt Stock Exchange, the MDAX (the German stock index for medium-sized companies) and the STOXX Europe 600 index, which comprises the 600 largest companies in Europe.


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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2015-09-24 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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