KION GROUP AG Announces Extension of CEO Rob Smith's Contract Through 2029

On May 2, 2024, KION GROUP AG's Supervisory Board confirmed the extension of CEO Rob Smith's contract for an additional five years, highlighting its confidence in his leadership abilities. This extension ensures Smith will continue to head the company till the end of 2029. Hans Peter Ring, Chairman of the Supervisory Board, expressed strong support for Smith, attributing the company's ongoing success story to his proven leadership.

Rob Smith, serving as CEO, shared his gratitude for the trust placed in him by the Board and showed enthusiasm for leading the company towards more sustainable and profitable growth. With a focus on enhancing global supply chains through strategic prioritization and technological innovation, Smith, along with over 42,000 global employees, aims to sustain the company’s growth trajectory and market leadership in industrial trucks and supply chain solutions.