KHD appoints Daniel Uttelbach to the Management Board – Strengthening Sales & Technology

Cologne, December 19, 2014 – Daniel Uttelbach (44) has been appointed to the Management Board of KHD Humboldt Wedag International AG (KHD), effective January 1, 2015. As Executive Vice President he will be in charge of Sales & Technology for the Group. Mr. Uttelbach holds a Master’s Degree (Dipl.-Ing.) from the Technical University of Dortmund.

Before his appointment to the Management Board, Daniel Uttelbach worked as Vice President Sales & Technology. Prior to that he was Vice President Account Management and has thus been leading KHD’s global sales activities for the last several years. His excellent understanding of the global cement industry combined with a deep insight in proposal management have been key success factors in winning major cement projects for the KHD Group. In November 2013 Daniel Uttelbach also took over the global responsibility for Research & Development, Product Management, Process Technology and Engineering.

Mr. Uttelbach views the market’s ever-increasing requirements for cost-efficient and environmentally-friendly technical solutions as opportunity for KHD. Understanding customer needs in the Research & Development phase and enhancing existing products are a must for KHD’s future success. “Bringing Daniel Uttelbach into the Management Board underlines KHD’s commitment to regaining and securing its position as a technology leader for the cement industry and emphasizes the significance of Account Management. Technology and Sales are of utmost importance for KHD and have to be represented in its Management Board. We are convinced that Daniel will successfully lead KHD’s activities for further improvement in both functions” states Supervisory Board member Frank Zou.

Supervisory Board of KHD Humboldt Wedag International AG

Hubert Keusch
Chairman

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). More information: www.khd.com.

Contact

KHD Humboldt Wedag International AG
Michael Nielsen
Investor Relations

Tel.: +49 (0)221 – 6504-1500
E-Mail: michael.nielsen@khd.com
Website: www.khd.com

Related topics

KHD: New EBIT guidance for 2013

Due to unexpected profit deterioration in the latest cost estimations of a few major projects, KHD Humboldt Wedag International AG (KHD) will not reach its margin guidance for the 2013 financial year.
According to preliminary unaudited figures, KHD will close 2013 with a significant increase in revenues, EBIT between € 1 – 2 million and EBIT margin of less than 1.0%.

KHD books major contract in Russia

“Volskcement” OJSC Russia (Holcim Group) has placed an order with Zementanlagenbau GmbH Dessau (ZAB), a subsidiary of KHD Humboldt Wedag International AG (KHD), to construct a production line in the Volsk cement factory. The scope of the contract, with an order value of over € 77 million, comprises engineering and the delivery of equipment. The project is scheduled to run until the end of 2016.

Participation in Eigenkapitalforum

In light of the voluntary takeover offer from AVIC the management board of KHD Humboldt Wedag International AG has taken the decision not to participate in the “Deutschen Eigenkapitalforum” in November in Frankfurt.