Kardex AG's Board of Directors has decided to Annual the Group CFO position without filling it again. Therefore, the current CFO and Member of the Executive Committee, Gerhard Mahrle, will leave the company as of mid-May 2013. Thomas Reist, Head of Group Controlling, will be responsible for the finance department of Kardex Holding in his new function as Head of Finance and Controlling of Kardex AG as of May 1, 2013.

In this function he will directly report to the Executive Director, Felix Thoni.