Personnel continuity at automotive supplier KSPG

Horst Binnig to succeed Dr. Gerd Kleinert as CEO

As from January 1, 2014, Horst Binnig (54) has been appointed CEO of Rheinmetall Automotive's parent company KSPG AG. 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 (65) who after 13 years of successful activities in the Rheinmetall Group is stepping down from his CEO position and going into retirement.

Says Armin Papperger, Rheinmetall AG's CEO: "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 Aluminium-Technologie 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.

Use of cookies and data protection

Rheinmetall Automotive uses cookies saved to your device in order to optimize and continuously improve its websites, as well as for statistical purposes. Further information on our use of cookies can be found here, together with our publication details and data protection notice.

By clicking on “OK” you confirm that you have taken note of the information on cookies, the data protection declaration and the publication details. You can also change your cookie settings for this website at any time.

Privacy settings

We place great importance on transparent information relating to all aspects of data protection. Our website contains detailed information on the settings you can select and what effect these settings have. You can change your selected settings at any time. Regardless of the selection you choose, we will not draw any conclusions regarding you as a person (except where you have explicitly entered your details). For information on deleting the cookies, please see the help function in your browser. You can find out more in the data protection declaration.

Change your privacy settings by clicking on the corresponding buttons

Necessary

Cookies essential for the system ensure that the website works correctly. Without these cookies, malfunctions or error messages may occur.

This website will:

  • Store cookies required by the system
  • Store the settings you make on this website

This site will never do the following without your agreement:

  • Store your settings, such as the language selection or cookie banner, so that you do not have to repeat them in the future.
  • Evaluate visits anonymously and draw conclusions to help us to optimize our website.
  • Draw conclusions regarding you as a person (except where you have explicitly entered your details, e.g. in contact forms)

Convenience

These cookies make the website easier to use and save settings, for example, so that you do not have to repeat them every time you visit the site.

This website will:

  • Store cookies required by the system
  • Store your settings, such as the language selection or cookie banner, so that you do not have to repeat them in the future.

This site will never do the following without your agreement:

  • Evaluate visits anonymously and draw conclusions to help us to optimize our website.
  • Draw conclusions regarding you as a person (except where you have explicitly entered your details, e.g. in contact forms)

Statistics

Statistics cookies enable us to evaluate the usage behaviour on the website anonymously – without enabling any conclusions to be drawn about you as a person. This enables us to measure the performance of the website and to improve it continuously to offer a better user experience.

This website will:

  • Store cookies required by the system
  • Draw conclusions regarding you as a person (except where you have explicitly entered your details, e.g. in contact forms)
  • Evaluate visits anonymously and draw conclusions to help us to optimize our website.

This site will never do the following without your agreement:

  • Draw conclusions regarding you as a person (except where you have explicitly entered your details, e.g. in contact forms)

Of course, we will always respect the do-not-track (DNT) setting in your browser. In this case, no tracking cookies are set and no tracking functions are loaded.