Kuka
CEO Peter Mohnen's term of office extended ahead of schedule
Kuka's Supervisory Board has decided to appoint CEO Peter Mohnen as Chairman of the Executive Board ahead of schedule until 2024. His term of office will thus be extended by a further three years as of July 1, 2021.
Peter Mohnen, CEO of Kuka, was appointed Chairman of the Board of Management for a further three years.
© Kuka"I would like to thank the Supervisory Board and the employees for the trust they have placed in my work," said Peter Mohnen. "I have been part of this company for almost ten years and greatly appreciate the unique Kuka spirit. Together we have stabilized Kuka and brought it through the corona crisis. Now we are continuing to focus on our vision for the coming years. Automation and digitalization are becoming more important than ever. Here we will strengthen Kuka as a global player, with new areas and new markets." Mohnen is also aiming for significantly stronger growth in the Chinese sales market
In July 2021, CFO Andreas Pabst will move from Kuka to Midea Robotics and Automation, one of Midea's five divisions, as Chief Financial Officer (CFO). The Midea Group has been Kuka's main shareholder since 2017. The search for a successor for the position of CFO at Kuka is ongoing.
Andreas Pabst joined Kuka in 2008 as Head of Consolidated Financial Statements. In 2018, the Augsburg native became Chief Financial Officer; his predecessor was the current CEO Peter Mohnen. Mohnen joined Kuka in 2012 as the Board Member for Controlling and Finance; at the end of 2018, the native of Rhineland-Palatinate took over as CEO.
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