KION GROUP AG: Susanna Schneeberger appointed additional Executive Board member and Chief Digital Officer

2018-06-27

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

27.06.2018 / 13:48
The issuer is solely responsible for the content of this announcement.


Website: kiongroup.com/mediasite

Twitter: @kion_group

Susanna Schneeberger appointed additional Executive Board member and Chief Digital Officer at KION GROUP AG

- New Executive Board role will be responsible for the KION segment Supply Chain Solutions and digital business transformation
- Chairman of the Supervisory Board John Feldmann: "Internationally experienced leader with broad expertise in the global capital goods and software industry"


Frankfurt/Main, June 27, 2018 - The Supervisory Board of KION GROUP AG has appointed Susanna Schneeberger (44) as a member of the Executive Board for a term of five years starting October 1, 2018. Ms. Schneeberger will assume strategic responsibility for the KION segment Supply Chain Solutions and, as Chief Digital Officer (CDO), will be responsible for managing the Group-wide activities aimed at digitalizing and networking products and processes and further development of the IT systems.

The expansion of the Executive Board to include a fifth member is part of the KION 2027 strategy presented in February. The KION Group strategy aims at further consolidating its position as a leading integrated provider of industrial trucks and warehouse automation technology and software. The Group has launched several initiatives to drive forward the development of digitalized customer solutions, robotics, and automation, in particular. KION is also forging ahead with the alignment of its internal processes with the digital economy.

Most recently, Ms. Schneeberger was Executive Vice President and member of the executive board at Konecranes Plc. Her responsibilities included among others corporate strategy, M&A and business development. From 2015 onward, she led DEMAG's global business as CEO and Managing Director, when the company was still part of the Terex Corporation. Between 2007 and 2014, she held several positions at Trelleborg AB, initially as Director of Strategic Business Development and, from 2011, as Vice President of Sales & Marketing in the Business Area Industrial Solutions. Prior to that, she worked in the software industry from 2000 to 2006 and for a global media company from 1997 to 1999. Ms. Schneeberger studied in Sweden, the USA, and Germany, and has a Master of Science in International Business Administration and a Master of European Affairs (MBA) from Lund University. She is married and has three children.

John Feldmann, chairman of the Supervisory Board at KION GROUP AG, said, "We are delighted that, in Susanna Schneeberger, we have found an internationally experienced leader with broad expertise gained in global capital goods and software businesses for our Executive Board. She combines wide-ranging knowledge of the lifting and material handling industry with extensive experience in software and digitalization."

Gordon Riske, Chief Executive Officer of the KION Group, said, "Susanna Schneeberger will further develop KION Group's leadership position in the supply chain solutions market, and will use her broad experience in digital business transformation to push forward the Group's digital strategy. I very much look forward to working with her."


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 EUR7.7 billion in 2017.


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
Senior Vice President Corporate Communications
Tel: +49 (0)69 201 107 655
Mobile: +49 (0)151 1686 5550
michael.hauger@kiongroup.com

Henrik Hannemann
Senior Director Media Relations & External Communications
Tel: +49 (0)69.2 01 10-77 52
Mobile +49 (0)151 15 88 90 36
henrik.hannemann@kiongroup.com


Further information for investors

Dr Karoline Jung-Senssfelder
Vice President, Head of Investor Relations and M&A
Tel: +49 (0)69 201 107 450
karoline.jung-senssfelder@kiongroup.com


Additional features:

Picture: http://newsfeed2.eqs.com/kion/699217.html
Subtitle: Susanna Schneeberger, new member of the Executive Board and CDO of KION GROUP AG

Document: http://n.eqs.com/c/fncls.ssp?u=GLDHLCLUHJ
Document title: Download Press Release


27.06.2018 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.

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