KHD appoints new Chief Financial Officer (CFO)

Cologne, Germany, April 9, 2015  - Mr. Ralph Quellmalz has decided to step down due to personal reasons as he wishes to pursue new tasks.

The Supervisory Board of KHD Humboldt Wedag International AG (KHD), Cologne, signed a termination agreement with Mr. Quellmalz. According to this, he resigned from his function as CFO and from his office as member of KHD’s Management Board effective on the expiry of April 9, 2015. The Supervisory Board would like to thank Mr. Quellmalz for his dedicated work for KHD in more than eight years and wishes him all the best for his personal and professional future.

After Mr. Quellmalz’ resignation the Supervisory Board appointed Mr. Juergen Luckas as member of the Company’s Management Board, effective April 10, 2015. Mr. Luckas will serve as Chief Financial Officer (CFO). Up to now Mr. Luckas worked for KHD as Vice President Program Management Office (PMO), Vice President Governance, Risk & Compliance (GRC), and as Vice President Global Internal Audit (GIA). In addition, he has been leading the Supervisory Board office.

Mr. Luckas will continue with his tasks related to Corporate Governance. The Management Board will resolve promptly after the new Chief Executive Officer, Johan Cnossen, has assumed his office at the beginning of May 2015 on the succession for the other functions.

KHD Group

KHD is a global leader for 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 for the cement industry and is a leader in environmentally friendly and energy-efficient products for the grinding and pyro processing sections of the 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, including customer service centers in growing markets like India, Russia and the Asia Pacific region. KHD Humboldt Wedag International AG (ISIN: DE0006578008, WKN: 657800) is listed on the Frankfurt stock exchange (General Standard).

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