Krones AG / Key word(s): Change of Personnel 18.03.2015 14:52 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad-hoc disclosure pursuant to § 15 of the German Securities Trading Act [WpHG] 18 March 2015 Executive Board changes at Krones AG Volker Kronseder, Chairman of the Executive Board of Krones AG, has decided not to renew his contract, which expires on 31 December 2015. This is in keeping with the company's internal rules. Mr. Kronseder has informed the Supervisory Board of Krones AG of his decision. Volker Kronseder wishes to continue to contribute to the company's successful development and assume responsibility for Krones AG. Therefore, he has also informed the Supervisory Board that he is available to stand for election to the Supervisory Board of Krones AG in the ordinary annual shareholders' meeting in 2016. The Supervisory Board has appointed Christoph Klenk his successor as Chairman of the Executive Board of Krones AG effective 1 January 2016. Christoph Klenk has been a Member of the Executive Board since 2003 and responsible for Finance (CFO) at Krones AG since 2012. The Supervisory Board has appointed an external candidate to succeed Christoph Klenk as CFO who has demonstrated his suitability through his work for another international group of companies and has many years' experience in the packaging industry. The new CFO informed the Supervisory Board today that he accepts the position. The new executive's name and starting date at Krones will be disclosed as soon as he and his current employer have reached agreement on the date of his resignation. Contact: Olaf Scholz Senior Vice President of Investor Relations Krones AG Phone: +49 9401 70-1169 E-mail olaf.scholz@krones.com 18.03.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Krones AG BöhmerwaldstraÃe 5 93073 Neutraubling Germany Phone: +49 (0)9401 701169 Fax: +49 (0)9401 709 1 1169 E-mail: investor-relations@krones.com Internet: www.krones.com ISIN: DE0006335003 WKN: 633500 Indices: MDAX Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Krones AG: Executive Board changes at Krones AG
| Source: EQS Group AG