KNAPP Announces Senior Management Promotions and Board Appointments

Changes Reflect Market Trends, Strong Subsidiary Growth and Increased Importance of KNAPPs North American Market & Customer Base

KENNESAW, Ga.--(BUSINESS WIRE)--KNAPP, a global leader and provider of intelligent intralogistics solutions today announced a restructuring of its Atlanta based North American subsidiary board, including promotions and re-alignment of its senior management team. The re-alignment and promotions have been undertaken in response to significant market trends, major successes and growth of the subsidiary, and increased importance of the business unit to the KNAPP enterprise.

Citing the reasons for the leadership changes, CEO Josef Mentzer said, “KNAPP is uniquely positioned in the global intralogistics market. Innovative and intelligent technologies, combined with a very strong commitment to the latest software technologies and strong market demand has resulted in a five year, ten-fold growth of our North American business”. He continued, “The only constant in today’s world is change, and in order to perform at the highest level possible on all fronts, we are taking this step to further enhance our team; adding energetic, experienced and dynamic leadership to ensure that we are well positioned for growth and success.”

Mentzer, who continues as CEO, announced that the following changes in responsibility and the managing board will be effective April 1^st:

• Andreas Salznig, VP of the KNAPP AG Healthcare business unit has been promoted to COO of KNAPPs North American subsidiary and will join the board.
• Clemens Bauer, Managing Director of KNAPP subsidiary Demateh, and board advisor at KNAPP AG, has assumed the position of CFO of KNAPPs North American subsidiary and will join the board.
• SVP Sales and Engineering Jusuf Buzimkic has been promoted to CSO of KNAPPs North American subsidiary, where his responsibilities will include sales, marketing and engineering; he will also remain on the board of KNAPPs North American subsidiary.

The growth in importance of the North American subsidiary has been primarily driven by major account relationships and contracts with market leaders in healthcare, grocery and retail sectors. According to board member and KNAPP AG EVP Heimo Robosch, “These major, multi-site customer relationships are the result of the company investment in a very strong team and a year-over-year commitment to innovation and R&D in key growth areas – specifically including high performance eCommerce order fulfillment solutions”.

KNAPP is currently expanding service operations, scaling up its North American parts inventory, enlarging its operations team to meet the increase in market demand – and will launch a training center later this year.

About KNAPP

KNAPP is a global market leader providing intelligent intralogistics solutions and specialized software for production, distribution and point-of-sale. With approximately 5000 employees worldwide, KNAPP delivers market leading, innovative and custom-designed solutions in healthcare, retail, apparel, food, manufacturing, and ecommerce sectors. Our clients experience results that are flexible, resource efficient, ergonomic and self-learning. The company’s North American headquarters are located outside of Atlanta, GA. For more information, visit www.knapp.com.