Karcher North America Announces New CEO

Jan 15, 2014, 17:00 ET from Karcher North America, Inc.

ENGLEWOOD, Colo., Jan. 15, 2014 /PRNewswire/ -- Alfred Karcher GmbH & Co. KG yesterday announced the appointment of a new Chief Executive Officer for its North American operating subsidiary.  Hannes Saeubert takes over the CEO position effective immediately, succeeding Elliot Younessian, who has left the company, in that role.

In announcing the change of leadership, Mr. Hartmut Jenner, Managing Director and CEO of Karcher, stated, "We are very pleased to welcome Dr. Saeubert to Karcher.  North America is an extremely important market for us, and we believe he is well qualified to help strengthen our market position and to capitalize on opportunities for synergies within Karcher globally.  Hannes is a good fit with our company who has the experience to drive Karcher North America to the next level.  I thank Elliot for his contributions to Karcher's success over many years and wish him all the best in his future endeavors."

Saeubert brings 15 years of consulting and general management experience to his new position.  Most recently he was a General Manager and Senior Vice President of Sales with Hilti, Inc. in Tulsa, OK.  He holds an MBA and PhD in strategic management.

Alfred Karcher GmbH & Co. KG is a family-owned company based in the town of Winnenden near Stuttgart, in southwest Germany, which specializes in the development, production and distribution of cleaning technology and equipment for consumer and professional use.  The product portfolio includes high-pressure washers, ice blasters, vacuum cleaners, sweepers and scrubber-dryers as well as cleaning agents, vehicle washes, drinking water treatment and waste-water treatment plants.  The company has more than 10,700 employees, and its 100 subsidiaries operating in 60 countries achieved a combined global sales volume of 2,049 billion euros in 2013.  For more information, please see: www.karcher.comKarcher North America, which is headquartered in Englewood, CO, is comprised of more than 1,000 employees engaged in sales, service and manufacturing activities at locations across the United States, Canada and Mexico.

SOURCE Karcher North America, Inc.



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