Dr. Mohsen Sohi new Chairman of the Supervisory Board – KION increases dividend

EQS-News: KION GROUP AG / Key word(s): AGM/EGM Dr. Mohsen Sohi new Chairman of the Supervisory Board – KION increases dividend (news with additional features) 27.05.2025 / 13:24 CET/CEST The issuer is solely responsible for the content of this announcement. Dr. Mohsen Sohi new Chairman of the Supervisory Board – KION increases dividend

• Annual General Meeting of KION GROUP AG: Dr. Mohsen Sohi elected as Chairman of the Supervisory Board
• Peter Kameritsch will become Chairman of the Audit Committee
• Supervisory Board and Executive Board proposals approved with majority vote
• Dividend of € 0.82 per share to be paid out (2024: € 0.70)
• Contract of Chief People and Sustainability Officer (CPSO) Valeria Gargiulo extended until April 2030

 

Frankfurt am Main, May 27, 2025 – Dr. Mohsen Sohi is the new Chairman of the Supervisory Board of KION GROUP AG. The internationally experienced chief executive succeeds Hans Peter Ring who retired after his term expired with effect from the end of the Annual General Meeting.

Dr. Sohi, born in 1959, is currently CEO of Freudenberg SE and Spokesman of the Board of Management of Freudenberg & Co. Kommanditgesellschaft and has extensive experience in the management of internationally oriented companies. Previously, Dr. Sohi was President and CEO of Freudenberg-NOK General Partnership in Plymouth, Michigan (USA) and held multiple senior executive positions at NCR Corporation and Honeywell.

The terms of office of Supervisory Board members Jiang Kui, Dr. Christina Reuter and Xu Ping ended on 27 May 2025. Jiang Kui has been elected for a further term. In addition, Dr. Nicolas Peter resigned from his office as a member of the Supervisory Board. The appointment of Dr. Sun Shaojun has been confirmed by the vote of the shareholders.

New candidates Sherry A. Aaholm, previously Chief Digital Officer at Cummins Inc. and Chief Information Officer at FedEx Services, Zhang Xiaomei, Deputy Director Legal and Compliance at Weichai Power and Peter Kameritsch, CFO at MTU Aero Engines AG, have been elected, the latter taking over the chairmanship of the Audit Committee.