Anke Groth to be the new CFO at KION GROUP AG
Frankfurt/Main, March 27, 2018 - The Supervisory Board of KION GROUP AG has appointed Anke Groth (47) as a member of the Executive Board for a term of five years starting June 1, 2018. As a member of the Group's Executive Board, Anke Groth will be responsible for finance, which encompasses not only controlling, accounting, tax, corporate finance, and legal but also investor relations, M&A activities, and IT. In addition, she is taking on the role of Labor Relations Director and will therefore be in charge of human resources and HSE. She succeeds Thomas Toepfer, who is leaving the Company on March 31, 2018 at his own request to become CFO at Covestro.
Anke Groth became CFO at E.ON UK plc. in 2016. She has had various managerial roles at energy company E.ON since 2006, both in E.ON SE group management and at operating subsidiaries in Germany and abroad. These posts included Senior Vice President of Investor Relations at E.ON SE, CFO at E.ON España S.L, Vice President of M&A at E.ON AG, and Vice President of International Management Consultancy at E.ON Ruhrgas AG. Before joining E.ON, she worked as a corporate development project manager at VEW AG, Dortmund. Anke Groth has a degree in business administration.
John Feldmann, Chairman of the Supervisory Board of KION GROUP AG, said: "We are delighted that, in Anke Groth, we have found an experienced financial specialist for our Executive Board. Ms. Groth has an extensive international background and capital markets expertise."
Gordon Riske, Chief Executive Officer of the KION Group, said: "Anke Groth is a highly experienced CFO with a strong track record in capital markets communication, numerous M&A processes, and close cooperation with employee representatives during integration and transformation processes. Her appointment will ensure a high degree of continuity in our successful finance function. I very much look forward to working with her."
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 31,000 employees and generated revenue of around EUR7.7 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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27.03.2018 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.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: KION GROUP AG Thea-Rasche-Straße 8 60549 Frankfurt/Main
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