Ad-hoc | 13 February 2015 17:10


KHD Humboldt Wedag International AG: KHD appoints new Chief Executive Officer (CEO)

KHD Humboldt Wedag International AG  / Key word(s): Change of Personnel

13.02.2015 17:10

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KHD appoints new Chief Executive Officer (CEO)

Cologne, Germany, February 13, 2015 - Today the Supervisory Board of KHD
Humboldt Wedag International AG (KHD), Cologne, appointed Mr. Johan Cnossen
(55) as member of the Company's Management Board, effective May 1, 2015.
Mr. Cnossen will serve as Chief Executive Officer (CEO). Currently Johan
Cnossen works as Vice President Middle East Operations at Jacobs Inc.

"As an experienced leader with a proven track record in the Global
Engineering and EPC Industry, I am convinced that Johan Cnossen will be
successful in guiding the KHD Group through this challenging market
environment and towards sustainable growth", stated Hubert Keusch, Chairman
of KHD's Supervisory Board.

The current CEO, Jouni Salo, has decided to step down for personal reasons
as he has moved back to his home in the United States. Today Mr. Salo
signed a termination agreement with KHD. He resigned from his function as
CEO and from his office as member of KHD's Management Board effective as of
April 30, 2015. The Supervisory Board would like to thank Mr. Salo for his
dedicated work in the past seven years and wishes him all the best for his
personal and professional future.

KHD Group
KHD is a global leader for providing equipment and services to cement
producers with over 150 years of experience in the cement industry. Process
engineering and project management are among the core competencies of the
technology-focused group. KHD offers a wide spectrum of products and
services for the cement industry and is a leader in environmentally
friendly and energy-efficient products for the grinding and pyro processing
sections of the plants. The holding company KHD Humboldt Wedag
International AG, based in Cologne, Germany, coordinates its
internationally operating subsidiaries. The group employs more than 750
employees worldwide, including customer service centers in growing markets
like India, Russia and the Asia Pacific region. KHD Humboldt Wedag
International AG (ISIN: DE0006578008, WKN: 657800) is listed on the
Frankfurt stock exchange (General Standard). More information: www.khd.com.

Additional Information:
ISIN: DE0006578008
Securities identification number (WKN): 657800
Market segment: Regulated Market (General Standard) of the Frankfurt Stock
Exchange
KHD Humboldt Wedag International AG
Colonia-Allee 3
51067 Cologne, Germany

End of Ad-hoc Announcement

Contact:
KHD Humboldt Wedag International AG
Michael Nielsen
Investor Relations 
Tel.: +49 (0)221 - 6504-1500
E-Mail: michael.nielsen@khd.com
Website: www.khd.com


13.02.2015 The DGAP Distribution Services include Regulatory Announcements,
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Language:     English
Company:      KHD Humboldt Wedag International AG
              Colonia-Allee 3
              51067 Köln
              Germany
Phone:        +49 (0)221 6504 1500
Fax:          +49 (0)221 6504 1409
E-mail:       michael.nielsen@khd.com
Internet:     www.khd.com
ISIN:         DE0006578008
WKN:          657800
Listed:       Regulated Market in Frankfurt (General Standard); Regulated
              Unofficial Market in Berlin
 
End of Announcement                             DGAP News-Service
 
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