K S : Change in the Executive Management

21 March 2014

Erich Krug will head esco - european salt company as sole Managing Director with effect from 1 April 2014.

Matthias Mohr, who was hitherto Co-Managing Director of the Company, was seconded to Chile with effect from 1 March 2014 to assume the position of Chief Executive Officer at K+S Chile S.A.

K+S is an international commodities company. We have been mining and processing mineral raw materials for 125 years. The products we produce from them are used worldwide in agriculture, food and road safety and are important elements in numerous industrial processes. The nutrients potash and salt are accompanying the megatrend for the future: A constantly growing global population is becoming increasingly prosperous and striving for a more modern standard of living, which results in an increasing consumption of mineral raw materials. We serve the resulting growth in demand from production sites in Europe, North America and South America as well as through a global distribution network. K+S is the world's largest salt producer and one of the top potash providers worldwide. With more than 14,000 employees, K+S achieved revenues in financial year 2013 of about € 4 billion and an EBIT of € 656 million. K+S is the commodities stock on the German DAX index. Learn more about K+S at www.k-plus-s.com.

esco - european salt company is the biggest European supplier of salt  products and part of the global production network of the Salt business unit of K+S Group with production sites in Europe and the Americas.
With an annual production capacity of approximately 9.7 million tons of crystallized salt and salt in brine, esco offers its customers a comprehensive range of high-quality salt products including salt for chemical use, industrial as well as pharma and food-grade salts, and de-icing salt for winter road service. Headquartered in Hanover, Germany, the Company operates a total of approximately 20 production sites and sales offices in Germany, Poland, Czech Republic, Sweden, The Netherlands, Belgium, France, Italy, Spain and Portugal.

• Press Release 21.03.2014 (PDF  | 211 KB)
• Curriculum Vitae Erich Krug (PDF  | 139 KB)