DUISBURG, Germany, January 10, 2013 /PRNewswire/ --
Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement.
Board of Directors (Appointments and Changes)
The Supervisory Board of Klöckner & Co SE has appointed Karsten Lork as a member of the Company's Management Board with responsibility for Europe and Asia. Karsten Lork, who will take up office on February 1, 2013, holds a business degree and has 20 years of experience in the steel and metal industry. Following various management positions in the Krupp and subsequently the ThyssenKrupp Group, Mr. Lork was most recently Chief Sales Officer and member of the board of the Inoxum Group (previously the ThyssenKrupp Stainless Segment), now owned by Outokumpu. Going forward, Mr. Lork will take over responsibility for the Europe and Asia activities, of which CEO Gisbert Rühl is currently acting head. This completes an expansion of the Management Board announced some time ago. The future Management Board comprises four members.
About Klöckner & Co:
Klöckner & Co is the largest producer-independent distributor of steel and metal products and one of the leading steel service center companies in the European and American markets combined. The core business of Klöckner & Co is the warehousing and distribution of steel and non-ferrous metals as well as the operation of steel service centers. Based on the Group's distribution and service network, more than 170,000 customers are supplied through around 260 locations in 19 countries. Currently Klöckner & Co employs around 11,000 employees. The Group had sales of around EUR7.1 billion in fiscal 2011.
The shares of Klöckner & Co SE are admitted to trading on the regulated market segment (Regulierter Markt) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) with further post-admission obligations (Prime Standard).
Klöckner & Co shares are listed in the MDAX®-Index of Deutsche Börse.
ISIN: DE000KC01000; WKN: KC0100; Common Code: 025808576.
Dr. Thilo Theilen - Press Spokesperson
Head of Investor Relations & Corporate Communications
Further inquiry note:
Dr. Thilo Theilen
Leiter Investor Relations & Corporate Communications
company: Klöckner & Co SE
Am Silberpalais 1
sector: Metal Goods & Engineering
indexes: CDAX, Classic All Share, Prime All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart, regulated dealing/prime standard: Frankfurt
SOURCE Klockner & Co SE