DGAP-News: KHD Humboldt Wedag International AG / Key word(s): Change
of Personnel
KHD Humboldt Wedag International AG: KHD appoints new CFO
06.05.2013 / 12:09
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KHD appoints new CFO
Cologne, Germany, May 6, 2013 - Mr. Ralph Quellmalz (43) has been appointed
Chief Financial Officer and member of the Management Board of KHD Humboldt
Wedag International AG.
Mr. Quellmalz holds a degree in economics from the University of Cologne,
Germany. Before joining KHD in 2006, Mr. Quellmalz worked for one of the
big four accounting firms. There he gained a wealth of experience through
auditing the Annual Statutory Financial Statements and consolidated
Financial Statements of major international clients, with a strong focus on
the construction business.
Prior to his appointment as CFO, Mr. Quellmalz worked as KHD's Global Head
of Finance for several years and has a strong understanding of the cement
industry, the current challenging market environment, the project business
in emerging economies and of course KHD's business model. During this time
he also acquired a great deal of knowledge about the local accounting
practices as well as the cultural differences at KHD's regional Customer
Service Centers. As a member of the Management Board of KHD's subsidiary
company, KHD Humboldt Wedag Industrial Services AG, he is also familiar
with all corporate governance, compliance and operational matters
associated with listed companies. Furthermore, Mr. Quellmalz has experience
in restructuring measures, acquisitions / disposals and spin-offs as well
as due diligence processes.
The KHD Supervisory Board has taken this decision after careful
consideration. 'We in the Supervisory Board wanted to take enough time for
this very important decision and make sure that we appoint the right person
to lead and support the further development of the Group', comments Ms.
Eliza Yuen, Chairperson of the Supervisory Board. 'It is also important for
us that Mr. Quellmalz can take over the CFO duties starting on day one, as
he already knows the Group and its business very well' continues Ms. Yuen.
Amongst his other responsibilities, Mr. Quellmalz will take the lead for
KHD's investor relations. 'By having a full time CFO appointed, KHD can now
intensify its investor relations activities within the framework of our
investor relations policy, including investor conferences and road shows',
says Mr. Luc Baehni, Vice Chairperson of the Supervisory Board. 'KHD will
continue an open, constructive and regular dialogue with all stakeholders'.
Supervisory Board of KHD Humboldt Wedag International AG
Eliza Suk Ching Yuen
Chairperson
KHD Group
KHD is a global leader in 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 and is a leader in environmentally friendly and energy-efficient
products for the grinding and pyroprocessing sections of cement 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 with customer service centers in
growing markets like India, Russia and the Asia Pacific region. Other major
customer service centers include 'Americas' covering both North and South
America and EMEA (Europe, Middle East and Africa), based in Cologne. KHD
Humboldt Wedag International AG (ISIN: DE0006578008, WKN: 657800) is listed
on the Frankfurt stock exchange (General Standard). More information:
www.khd.com.
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
End of Corporate News
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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: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin
End of News DGAP News-Service
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209760 06.05.2013
DGAP-News: KHD Humboldt Wedag International AG: KHD appoints new CFO
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