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Press and News

Ad-hoc disclosure pursuant to § 15 of the German Securities Trading Act [WpHG] – 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.

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Executive Board changes at Krones AG

Ad-hoc disclosure pursuant to § 15 of the German Securities Trading Act [WpHG]

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2015-03-18

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Press office

Danuta Kessler-Zieroth

Danuta Kessler-Zieroth

Press Officer

Krones AG
Böhmerwaldstraße 5
93073 Neutraubling
Germany

Phone +49 9401 70-2222
Fax +49 9401 70-3496
E-mail

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