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PRESS RELEASE: GEA Group Aktiengesellschaft: GEA extends contract of CEO Stefan Klebert until 2026

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DGAP-News: GEA Group Aktiengesellschaft / Key word(s): Personnel
GEA Group Aktiengesellschaft: GEA extends contract of CEO Stefan Klebert until 2026 (news with additional features)
2021-02-10 / 10:00
The issuer is solely responsible for the content of this announcement.
GEA extends contract of CEO Stefan Klebert until 2026
Düsseldorf, February 10, 2021 - At its meeting yesterday, the Supervisory Board of GEA Group Aktiengesellschaft
extended the contract of CEO Stefan Klebert (55) by five years until December 31, 2026.
"Over the last two years, Stefan Klebert has led GEA back to a more successful path through targeted measures,
highlighting the Group's great potential for sustainable and profitable growth," said Dr. Helmut Perlet, Chairman of
the Supervisory Board of GEA Group AG. "The Supervisory Board therefore expresses its fullest confidence in him and is
pleased to be able to continue our extremely successful cooperation."
"I would like to thank the Supervisory Board for the trust they have placed in me," commented Stefan Klebert, CEO of
GEA Group AG. "GEA is a fantastic company with a compelling outlook for the future. I look forward to continuing to
shape the company's successful transformation."
Shortly after Stefan Klebert took over as CEO in 2019, GEA initiated and consistently implemented several projects to
improve efficiency. These initiatives, along with the short-term measures to manage the effects of the COVID-19
pandemic, have played a decisive role in ensuring that for the fiscal year 2020, GEA will again achieve significant
gains in EBITDA before restructuring measures and the corresponding margin. In particular, the new organizational
structure introduced in January 2020 has proven its worth by placing more revenue responsibility and decision-making
power in the hands of local management.
Stefan Klebert became CEO in February 2019 and has been a member of the Executive Board since November 2018. On the
Executive Board, he is responsible for all five divisions as well as the regions & country organizations. In this role,
he also performs the function of Labor Director.

Corporate Media and Press:
Marc Pönitz
Peter-Müller-Strasse 12, 40468 Düsseldorf, Germany
Phone +49 (0)211 9136-1500
About GEA
"Engineering for a better world" is the driving and energizing principle connecting GEA's 18,500-strong workforce. As
one of the world's largest systems suppliers, GEA makes an important contribution to a sustainable future with its
solutions and services, particularly in the food, beverage and pharmaceutical sectors. In 2019, the Company generated
consolidated revenue of EUR 4.9 billion. Across the globe, GEA's plants, processes and components contribute
significantly to the reduction of CO[2] emissions, plastic use as well as food waste in production.
GEA is listed on the German MDAX and the STOXX(R) Europe 600 Index and also included in the DAX 50 ESG and MSCI Global
Sustainability indexes.

GEA Group Aktiengesellschaft
Phone +49 (0)211 9136 1081
Fax +49 (0)211 9136 31087
Additional features:
Picture: https://eqs-cockpit.com/c/fncls.ssp?u=e61737f1cdb42f3efb38013073adfb8d
Subtitle: Stefan Klebert, CEO GEA Group AG
2021-02-10 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: GEA Group Aktiengesellschaft
Peter-Müller-Straße 12
40468 Düsseldorf
Phone: +49 (0)211 9136-0
Fax: +49 (0)211 9136-31087
E-mail: ir@gea.com
Internet: www.gea.com
ISIN: DE0006602006
WKN: 660200
Indices: MDAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich; Regulated Unofficial
Market in Hanover, Stuttgart, Tradegate Exchange
EQS News ID: 1167281

End of News DGAP News Service

1167281 2021-02-10

END) Dow Jones Newswires

February 10, 2021 04:02 ET ( 09:02 GMT)

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