Horst Binnig to Succeed Dr. Gerd Kleinert as Rheinmetall CEO

Marinelink.com
Friday, September 06, 2013
Horst Binnig

Horst Binnig was appointed CEO of Rheinmetall Automotive's parent company KSPG AG and will take over beginning January 1, 2014. As Executive Board member of Rheinmetall AG, he will also represent the interests of the automotive sector within the Rheinmetall Group. From the start of 2014 and in both these positions he is succeeding Dr. Gerd Kleinert who after 13 years of successful activities in the Rheinmetall Group is stepping down from his CEO position and enetering retirement.

Armin Papperger, Rheinmetall AG's CEO, said, “This decision implements a long-term changeover, one that ensures a high degree of personnel continuity in Rheinmetall's Automotive sector and in the Rheinmetall Group. Horst Binnig will continue KSPG AG's business in the direction of today's management and hence push ahead with an innovative focus on product portfolio and a strategy of internationalization.”

Binnig has been with the KSPG Group since 1999 and Executive Board member since January 1, 2012. Before that, he had headed for over eleven years the KS Aluminum- Technologies division that includes business in lightweight engine blocks, cylinder heads and structural components manufactured from aluminum. This was followed by overall responsibility for today's Hardparts division which also covers KSPG's piston and plain bearings operations.

Only recently he also took over responsibility for the Mechatronics division (emission/consumption reduction as well as pump business). Having graduated in mechanical and design engineering, since 1983 Horst Binnig's activities have included management board positions at KACO Elektrotechnik, Bach GmbH, and Hengstler GmbH. Consequently he can therefore contribute to his new position extensive knowledge of the automotive business. The degreed engineer was largely responsible  for setting up KSPG's second big joint venture with SAIC (Shanghai Automotive Industry Corporation) in China where he played a major role in shaping and promoting to a lasting degree the further internationalization of the KSPG Group. When Dr. Gerd Kleinert has retired, KSPG AG's Executive Board will as from January 1, 2014, consist of Horst Binnig (CEO), Dr. Peter Merten (CFO) and Peter Sebastian Krause (HR, Legal).

KSPG AG represents the automotive-industry supplier sector within the Rheinmetall Group. With a global workforce of about 12,000, this sector last year generated sales of €2.4 billion, thus contributing over one-half of the Group's sales of €4.7 billion.

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Obangame Express 2015 Concludes in the Gulf of Guinea

Maritime forces from Gulf of Guinea nations, Europe, South America, and the United States and several regional and international organizations concluded the multinational maritime exercise,

Scandlines Ferry Back in Service by End June

The damaged Scandlines ferry M/V Prinsesse Benedikte is being repaired at the Polish shipyard Remontowa and is expected to be ready before the end of June 2015.

Greece Will Sell Piraeus Port Stake in Weeks

The Greek government will sell its majority stake in the port of Piraeus within weeks, the country's deputy prime minister told China's official Xinhua news agency,

News

Gulf Bridge Express Service to End

The Gulf Bridge Express Service will shortly be terminated with the last roundtrip voyage being MV Saint Nikolaos voyage 00008S, ETA New Orleans on April 22, 2015.

Obangame Express 2015 Concludes in the Gulf of Guinea

Maritime forces from Gulf of Guinea nations, Europe, South America, and the United States and several regional and international organizations concluded the multinational maritime exercise,

Scandlines Ferry Back in Service by End June

The damaged Scandlines ferry M/V Prinsesse Benedikte is being repaired at the Polish shipyard Remontowa and is expected to be ready before the end of June 2015.

 
 
Maritime Contracts Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2176 sec (5 req/sec)