Johannes Giloth appointed to GEA's Executive Board

Düsseldorf, October 17, 2019 - The Supervisory Board of GEA Group Aktiengesellschaft has appointed Johannes Giloth (49) to the company's Executive Board with effect from January 20, 2020, where he will assume responsibility for the newly created Procurement, Production and Logistics organization. Johannes Giloth comes from the Nokia telecommunications group, where he has held the position of Chief Procurement and Chief Supply Chain Officer for several years and - amongst other things - successfully implemented the digitalization of the group's procurement organization and supply chain.

Dr. Helmut Perlet, Chairman of GEA's Supervisory Board, stated: "With Johannes Giloth, GEA welcomes an internationally experienced manager, who is uniquely qualified and suitable for establishing the new Executive Board portfolio on the basis of his extensive expertise that includes specialized knowledge in the fields of process optimization and digitalization. Furthermore, within the framework of a wide range of different projects, he has demonstrated that a streamlined supply chain and/or procurement organization may sustainably support operational business while giving rise to additional growth."

Holding a Master of Business Administration and Engineering degree, Johannes Giloth already held many different management positions at both national and international level in the areas of procurement, logistics and production before assuming his current position, amongst others with Nokia and Siemens.

In the future, GEA's currently highly decentralized purchasing activities will be subsumed under one global procurement organization. Moreover, GEA is seeking to further optimize its production footprint and bring about more flexibility, for instance by operating multi-purpose sites at which different products may be manufactured subject to demand.

Stefan Klebert, CEO of GEA Group Aktiengesellschaft, added: "I am delighted that the Supervisory Board has appointed Johannes Giloth as the company's COO. Given his high level of expertise, he is the right person to assume this function for the purpose of harnessing GEA's potential synergies that have not been fully exploited yet - in particular as far as procurement and the production footprint are concerned - and for further optimizing them by means of a new, uniform management structure."

Corporate Media and Press:
Marc Pönitz
Peter-Müller-Str. 12, 40468 Düsseldorf
Tel. +49 (0)211 9136-1500
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About GEA
GEA is one of the largest suppliers for the food processing industry and a wide range of other industries that generated consolidated revenues of approximately EUR 4.8 billion in 2018. The international technology group specializes in machinery, and plants as well as process technology and components. GEA provides sustainable energy solutions for sophisticated production processes in various end-user markets and offers a comprehensive service portfolio. The group generates around 70 percent of its revenue in the food and beverages sector that enjoys long-term sustainable growth. As of December 31, 2018, the company employed about 18,500 people worldwide. GEA is a market and technology leader in its business areas. The company is listed on the German MDAX (G1A, WKN 660 200), the STOXX^(R) Europe 600 Index and selected MSCI Global Sustainability Indexes. Further information is available on the Internet at gea.com.