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Anke Groth to be the new CFO at KION GROUP AG

Wednesday, March 28, 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."

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