KION GROUP Names Rob Smith CEO - Quick Facts

KION GROUP AG (KGX.DE) said its Supervisory Board has appointed Rob Smith as Chief Executive Officer with effect from January 01, 2022. Smith is currently President & CEO of the publicly listed Finnish group Konecranes.

The company's current Chief Executive Officer Gordon Riske will leave the Executive Board on December 31, 2021 - six months before the end of his contract reaching the regular age limit of 65. KION GROUP noted that Gordon Riske will continue to serve as an advisor during the period until his original contract expires.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Financial services firm Morgan Stanley (MS) reported Wednesday a profit for the fourth quarter that increased 10 percent from last year, reflecting 7 percent revenue growth amidst strength in Wealth Management and Investment Management business segments. Bank of America Corp. (BAC) reported Thursday that net income applicable to common shareholders for the fourth quarter grew 30 percent to $6.77 billion from last year's $5.21 billion, with earnings per share increasing to $0.82 from $0.59 in the prior year, reflecting strong operating leverage as revenues... Shares of ASML Holding N.V. were gaining more than 1 percent in Amsterdam trading after the Dutch semiconductor equipment maker reported Wednesday higher profit and net sales in its fourth quarter. The company also projects higher sales in fiscal 2022, and a 100 percent increase in total dividend.
Follow RTT