The Supervisory Board of KION GROUP AG has extended the term of Chief Financial Officer Christian Harm until July 2029, ensuring continuity in the Executive Board and strengthening the leadership of KION's financial organization. This decision maintains the leadership of an executive with over 20 years of experience within KION and its predecessor company Linde AG, providing stability during challenging economic conditions.
Mohsen Sohi, Chairman of the Supervisory Board, emphasized Harm's significant contributions since taking office in July 2023, stating that Harm successfully steered KION's financial organization to the next level in a volatile macroeconomic and geopolitical environment. Sohi noted that Harm's deep knowledge of capital markets ensures continuity and maintains trustful relationships with key stakeholders, which is crucial for the MDAX-listed company's ongoing development.
Christian Harm has played pivotal roles in several strategic projects throughout his tenure, including KION's Initial Public Offering in 2013 and the acquisition of Dematic in 2016. His career progression within the company demonstrates extensive institutional knowledge, having led KION's procurement from 2006 to 2012, then heading the strategy department until 2018, before assuming financial leadership positions within KION's various divisions. The company provides comprehensive supply chain solutions including industrial trucks, integrated automation technologies, AI-based solutions, and software services, with operations spanning over 100 countries worldwide.
KION maintains a significant market position as the largest manufacturer of industrial trucks in the EMEA region based on 2023 unit sales and the world's leading provider in the warehouse automation market based on 2023 revenue. The company's financial performance remains substantial, with approximately EUR 11.5 billion in revenue generated during the 2024 financial year and more than 42,000 employees globally. Additional company information and media resources are available through the corporate website at https://kiongroup.com/media and the image database at https://kion-mediacenter.canto.global/v/MediaCenter/.
The contract extension comes as KION continues to navigate complex market conditions while maintaining its position as a key player in global supply chain solutions. With more than 1.9 million industrial trucks in customer use across six continents at the end of 2024, the company's financial leadership stability supports ongoing operations and strategic initiatives in an increasingly competitive industry landscape.
