- Hasan Dandashly succeeds John Baysore, who will continue to serve
Dematic as an advisor
- KION CEO Gordon Riske: "A senior executive with unique expertise in
industry and software”
Frankfurt/Main / Grand Rapids, May 21, 2018 – KION GROUP AG has appointed
Hasan Dandashly (57) as the new President & CEO of Dematic, starting May 21,
2018. He succeeds John Baysore, who has decided to retire from his active role at
Dematic to serve the company as an advisor, ensuring full continuity in Dematic’s
Hasan Dandashly joins Dematic from General Electric, where he was President &
CEO Oil & Gas Surface since 2017, after having served as President & CEO
Downstream since 2014. Prior to this, Hasan held various international executive
roles at GE’s Industrial, Transportation, and Power Generation businesses, beginning
in 1998. These included general management positions at GE’s subsidiaries in Italy,
UAE, Qatar, and the U.S. Before joining GE, Hasan led engineering teams at
Honeywell Industrial Automation and Honeywell Avionics. Hasan holds a BSc in
Computer Science from the Lebanese American University and a master’s degree
from the University of Minnesota.
Gordon Riske, Chief Executive Officer of the KION Group, said: “Hasan Dandashly is
a senior executive combining full-cycle P&L management experience across
geographies with a unique mix of deep industrial and software expertise. Following
the successful integration of Dematic, Hasan will drive forward the further
development of our supply chain solutions segment. Together with the great Dematic
team he will work on moving the company forward on its consistent path of profitable
growth. I very much look forward to working with him."
Gordon Riske thanked John Baysore for his invaluable contribution and his
achievements during the past years. “We are very pleased that his unique experience
will be put to good use in his capacity as advisor to the company, ensuring full
continuity in our customer relations.”
The KION Group is a global leader in industrial trucks, related services and supply
chain solutions. Across more than 100 countries worldwide, the KION Group designs,
builds and supports logistics solutions that optimize material and information flow
within factories, warehouses and distribution centers. The Group is the largest
manufacturer of industrial trucks in Europe, the second-largest producer of forklifts
globally and a leading provider of warehouse automation.
The KION Group’s world-renowned brands are clear industry leaders. Dematic, the
newest addition to the KION Group, is a global leader in automated material handling,
providing a comprehensive range of intelligent supply chain and automation solutions.
The Linde and STILL brands serve the premium industrial truck segment. Baoli
focuses on industrial trucks in the economy segment. Among KION’s regional
industrial truck brand companies, Fenwick is the largest supplier of material handling
products in France, while OM STILL is a market leader in Italy, and OM Voltas is a
leading provider of industrial trucks in India.
With an installed base of more than 1.3 million industrial trucks and over 6,000
installed systems, the KION Group’s customer base includes companies in all
industries and of all sizes on six continents. The Group has more than 31,000
employees and generated revenue of around €7.7 billion in 2017.
This document and the information contained herein are for information purposes only
and do not constitute a prospectus or an offer to sell or a solicitation of an offer to buy
any securities in the United States or in any other jurisdiction.
This release contains forward-looking statements that are subject to various risks and
uncertainties. Future results could differ materially from those described in these
forward-looking statements due to certain factors, e.g. changes in business,
economic and competitive conditions, regulatory reforms, results of technical studies,
foreign exchange rate fluctuations, uncertainties in litigation or investigative
proceedings, and the availability of financing. We do not undertake any responsibility
to update the forward-looking statements in this release.
Further information for the media
Senior Vice President Corporate Communications
Tel: +49 (0)69 201 107 655
Mobile: +49 (0)151 1686 5550
Further information for investors
Dr Karoline Jung-Senssfelder
Vice President, Head of Investor Relations and M&A
Tel: +49 (0)69 201 107 450