Succession still open

Martin Schrüfer,

CFO Anke Groth leaves Kion Group

Anke Groth (51), Executive Board member of KION Group AG responsible for Finance and Labor Director for Human Resources, is leaving the Company. In advance of the upcoming extension of her Executive Board contract, she has agreed with the Supervisory Board to end her work for the KION Group on March 31, 2022 in order to pursue new opportunities outside the Group.

© Kion

"We would like to thank Ms. Groth most sincerely for her outstanding work over the past four years. The KION Group has reported excellent results year after year, and its market capitalization reflects this success. In addition, Ms. Groth has sustainably strengthened the KION Group's financial position - even through the coronavirus crisis. With a Group-wide efficiency program, she has laid important foundations for the long-term competitiveness of the operating units. She has very successfully developed the finance function into a powerful business partner and has driven forward the harmonization, digitalization and automation of processes in finance and HR with great expertise. The activities of the M&A department she led have made a lasting contribution to the growth and expansion of the KION Group's technological expertise," says Michael Macht, Chairman of the Supervisory Board of KION GROUP AG. "We regret her departure and wish Ms. Groth a continued successful career path."

The KION Group will announce a successor in due course. Until then, Rob Smith, Chairman of the Executive Board of KION GROUP AG, will manage the Finance department on an interim basis and assume the role of Labor Director.

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