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Thomas Toepfer and Ching Pong Quek to serve four more years on Executive Board of KION GROUP AG

Chairman of the Supervisory Board John Feldmann: "Continuity with a successful team will underpin the implementation of Strategy 2020"

Thomas Toepfer (43) and Ching Pong Quek (48) will serve as members of the KION GROUP AG Executive Board for four more years. On Thursday the Supervisory Board made the decision to reappoint Chief Financial Officer Toepfer and Chief Asia Pacific Officer Quek to the four-man executive committee of the KION Group, one of the world's two leading suppliers of forklift trucks, warehouse technology and associated services. Mr Quek's new term in office begins on 1 July 2016, Mr Toepfer's on 1 September 2016.

"I look forward to continuing what has been a fruitful working relationship with Thomas Toepfer and Ching Pong Quek," said the chairman of the Supervisory Board of KION GROUP AG, John Feldmann. "The Executive Board team, under the successful leadership of CEO Gordon Riske and with the addition of Eike Böhm as Chief Technology Officer on 1 August, is providing the necessary continuity for the implementation of the KION Group Strategy 2020. This strategy is aimed at further expanding the Group's global presence and generating sustained profitable growth."

Ching Pong Quek joined the Executive Board of the KION Group in 2013. He took overall charge of the KION Group's Asian business in 2008. Since 2006, Quek has been CEO of Linde (China) Forklift Truck Corp., which is based in Xiamen. CFO and Labour Relations Director Thomas Toepfer has been a member of the KION Group Executive Board since 2012. He was previously CFO and Labour Relations Director of STILL GmbH, one of the KION Group's two premium brand companies.