The Supervisory Board of KION GROUP AG has extended the term of Chief Financial Officer Christian Harm until July 2029. This decision ensures continuity within the Executive Board and strengthens the leadership of KION's financial organization. Mohsen Sohi, Chairman of the Supervisory Board, stated that since taking office in July 2023, Christian Harm has successfully steered and driven KION's financial organization to the next level in a challenging macroeconomic and geopolitical environment, significantly contributing to the company's resilient development during volatile years.
Sohi emphasized that with Harm's deep knowledge of the capital markets community, he will ensure continuity and maintain trustful relationships with all key stakeholders. The extension of Harm's term is significant for KION, a MDAX-listed group that is the largest manufacturer of industrial trucks in the EMEA region based on units sold in 2023 and the world's leading provider in the warehouse automation market based on 2023 revenue. The company generated approximately EUR 11.5 billion in revenue in the 2024 financial year and has more than 42,000 employees.
Christian Harm has played a crucial role in several of KION's strategic key projects, including the company's Initial Public Offering in 2013 and the acquisition of Dematic in 2016. His career with KION and its predecessor company Linde AG spans over 20 years, during which he has held various leadership positions in procurement, strategy, and finance. He started his career at Unilever from 1992 to 1998, followed by roles at McKinsey & Company from 1999 to 2003 and Linde AG from 2003 to 2006 before his extensive tenure within the KION organization.
This leadership continuity is important for KION's operations and its customers. The company provides a full spectrum of services including industrial trucks, integrated automation technologies, AI-based solutions, and software, enabling efficient, smart, sustainable, and reliable supply chains with real-time traceability. At the end of 2024, more than 1.9 million KION industrial trucks were in use by customers across six continents. The company's supply chain solutions facilitate material and information flow in warehouses, production plants, and distribution centers in over 100 countries worldwide.
The extension of Harm's contract signals stability to investors and the market as KION continues to navigate global economic uncertainties. The company's position as a market leader in multiple segments makes this executive continuity particularly noteworthy for the industrial and logistics sectors. For more information about the KION Group, visit their media website at https://www.kiongroup.com/media. Up-to-date image material for the KION Group is also accessible via their image database at https://kion-mediacenter.canto.global/v/MediaCenter/.
