Executive Board
Gordon Riske, Chief Executive Officer (CEO), is responsible, among other things, for the strategic management of the Group, communications, governance and compliance. On 11 January 2013 he also took over responsibility for KION Warehouse Systems and internal audit.
On 31 December 2012 Otmar Hauck, until then Chief Operating Officer (COO) of KION GROUP GmbH, Wiesbaden, stepped down from the Executive Board of the KION Group. He had been responsible for quality and central operations (operational excellence & production control), purchasing, logistics, health & safety and environmental issues in the Group.
Klaus Hofer stepped down from the Executive Board of the KION Group on 10 January 2013. As Chief Human Resources Officer (CHRO), he had been responsible for human resources, legal affairs and internal audit.
Bert-Jan Knoef is CEO of the brand company STILL GmbH and, since 11 January 2013, has also overseen all cross-brand logistics activities and managed the intra-group logistics service provider, Urban.
Theodor Maurer is CEO of the brand company Linde Material Handling GmbH and, since 11 January 2013, has also held cross-brand responsibility for quality, facility management, health, safety and the environment.
Harald Pinger, who had been Chief Financial Officer (CFO), stepped down from the Executive Board of the KION Group on 31 August 2012.
Ching Pong Quek was appointed Chief Asia Pacific Officer with effect from 11 January 2013 and heads up the KION Group's entire Asia business.
Dr Thomas Toepfer, who has been Chief Financial Officer (CFO) since 1 September 2012, is responsible, among other things, for finance (including financial services) and IT activities. On 11 January 2013 he also took over responsibility for purchasing and the role of Labour Relations Director.
The remuneration paid to the Executive Board comprises a fixed salary and non-cash benefits, pension entitlements and performance-related components. The variable performance-related components are paid each year on the basis of the Group's performance. The pension entitlements consist of retirement, invalidity and surviving dependants' benefits.
The total remuneration paid to the members of the Executive Board in 2012 amounted to €12,026 thousand (2011: €5,209 thousand). This consisted of short-term remuneration amounting to €5,551 thousand (2011: €4,755 thousand), post-employment benefits totalling €436 thousand (2011: €386 thousand), termination benefits of €6,000 thousand (2011: €0 thousand) and share-based payments of €39 thousand (2011: €68 thousand). The current service cost resulting from pension provisions for the Executive Board is reported under the retirement benefit obligation. No loans or advances were made to members of the Executive Board in 2012 (2011: loans and advances totalling €0 thousand).
The total remuneration paid to former members of the Executive Board in 2012 amounted to €165 thousand (2011: €162 thousand). Provisions for pension obligations to former members of the Executive Board or their surviving dependants amounting to €3,636 thousand (2011: €2,819 thousand) were recognised in accordance with IAS 19.
Supervisory Board
The total remuneration paid to the members of the Supervisory Board for the performance of their duties at the parent company and subsidiaries in 2012 amounted to €953 thousand including VAT (2011: €1,071 thousand). There were no loans or advances to members of the Supervisory Board in 2012. Furthermore, the members of the Supervisory Board did not receive any remuneration or benefits for services provided as individuals, such as consulting or brokerage activities.
In addition the members of the Supervisory Board receive for services short-term employee benefits totalled €550 thousand in 2012 (2011: €539 thousand).
