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KME Consistently Pushes Forward Its Consolidation

KME, Osnabrück, 10.07.2017. In the context of KME's progressive restructuring and consolidation measures, the company's management structure will be adapted to match its recent development following consultation with its sole shareholder, Intek Group SPA.
The company bodies in charge have decided that, in addition to his employment as Chairman of the Management Board of KME Germany GmbH & Co. KG, which has been extended by another five years, Mr. Ulrich Becker will serve as the CEO of KME AG. Within the Management Board of KMW AG, Mr. Pierpaolo DiFabio will take the position of CFO, while Mr. Marco Miniati will be given the role of Chief Process Officer (CPO).
In this context, the current members of the Board of KME AG, Vincenzo Manes (CEO) and Diva Moriani (CFO) as Chairman or Deputy Chairwoman will join the Supervisory Board of KME AG. In particular, both of them will contribute their business expertise to a newly created committee of the KME AG Supervisory Board focusing on the strategic direction of the company's activities.
With these measures, KME is setting the course for an ongoing further enhancement of its competitiveness, this way rigourously continuing its consolidation efforts.


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