18.01.2016
KION GROUP AG DE000KGX8881
DGAP-News: Change at the helm of STILL GmbH (news with additional features)
DGAP-News: KION GROUP AG / Key word(s): Change of Personnel
Change at the helm of STILL GmbH (news with additional features)
18.01.2016 / 10:30
The issuer is solely responsible for the content of this announcement.
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- On 1 April 2016 Henry Puhl will become the new Managing Director and
President of STILL EMEA
- KION CEO Gordon Riske: "Henry Puhl will bring a wealth of management
expertise to the product, marketing and sales side of the business."
- Karl-Heinz Birkner to succeed Olaf Schulz as STILL Finance Director
Wiesbaden/Hamburg, 18 January 2016 - The Supervisory Board of STILL GmbH,
the Hamburg-based supplier of premium forklift trucks and warehouse
technology, has appointed Henry Puhl (45) as its new Managing Director. He
will take charge of the company on 1 April 2016, taking over from the CEO
of KION GROUP AG, Gordon Riske, who has been running the STILL business
since the beginning of last year. Puhl, who holds a PhD in mechanical
engineering, will also be head of the new KION operating unit STILL EMEA,
which focuses on the core market of Europe, the Middle East and Africa. In
addition, he will be a member of the new Group Executive Committee (GEC),
which advises the KION Executive Board and integrates input from the four
operating units. The committee is appointed by the KION Executive Board and
consists of the Executive Board and the Presidents of the operating units.
Karl-Heinz Birkner (59), who is currently in charge of Accounting, Tax and
Financial Services at the KION Group, will succeed Olaf Schulz (48) as
Finance Director of STILL on 1 February. The Supervisory Board acted on Mr
Schulz's request to have his contract terminated early.
Henry Puhl's most recent position was on the executive board of
agricultural machinery manufacturer Claas, where he headed up the grain
harvest business segment. He previously oversaw the ball bearings business
at the Schaeffler Group. Prior to that, while working for the US
agricultural machinery manufacturer John Deere, he held various management
positions in Germany and India. Puhl began his career in 1999 at
ThyssenKrupp Automotive as a project manager in the engineering and capital
investment department.
"Mr Puhl will bring a wealth of management expertise to both the product
side of the business and to marketing and sales, and can draw on years of
experience from the automotive supplier and agricultural machinery
sectors," said KION CEO, Gordon Riske. "Under his stewardship, STILL will
continue to expand its offerings to the market and systematically align
them to the needs of its customers."
Henry Puhl commented: "I am very excited about taking up a new challenge at
the traditional yet forward-looking STILL brand company, where I will be
looking to achieve profitable growth that will contribute to the success of
the KION Group going forward."
Olaf Schulz will be leaving STILL GmbH on 31 January 2016 to pursue new
professional challenges. Over the past two years, as Finance Director and
Labour Relations Director on the Management Board, he has made a
significant contribution to the change process at STILL GmbH by initiating
an extensive and successful programme of process optimisation. The members
of the STILL GmbH Supervisory Board and the KION Group Executive Board
thank Olaf Schulz for his successful work: "Mr Schulz is leaving our
Company of his own accord and by amicable and mutual consent. We would like
to thank Mr Schulz for everything that he has achieved and wish him all the
best as he embarks on a new chapter in his career."
STILL provides customised solutions for intralogistics worldwide through
the intelligent interaction of forklift trucks, warehouse technology,
software, services and after-sales care. Its portfolio ranges from
industry-specific turnkey solutions for companies of all sizes to
computer-based logistics programmes for the effective management of
warehouses and material flows. In 2014 STILL employed more than 7,000
people and generated revenue of EUR1.851 billion.
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
[email protected]
Frank Brandmaier
Head of Corporate Media Relations
Tel.: +49 (0)611 770 752
[email protected]
Further information for investors
Frank Herzog
Head of Corporate Finance
Tel.: +49 (0)611 770 303
[email protected]
Dr Karoline Jung-Senssfelder
Head of Investor Relations and M&A
Tel.: +49 (0)611 770 450
[email protected]
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Additional features:
Picture: http://newsfeed2.eqs.com/kion/430001.html
Subtitle: Henry Puhl wird neuer Vorsitzender der Geschäftsführung der STILL
GmbH und President STILL EMEA
Document: http://n.eqs.com/c/fncls.ssp?u=DCOAONHRJD
Document title: Download press release as PDF
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18.01.2016 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.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: KION GROUP AG
Abraham-Lincoln-Str. 21
65189 Wiesbaden
Germany
Phone: +49 (0)611 770-0
Fax: +49 (0)611 770-690
E-mail: [email protected]
Internet: www.kiongroup.com
ISIN: DE000KGX8881
WKN: KGX888
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of News DGAP News Service
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430001 18.01.2016
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