KSPG with change at the top
KPSG has announced that Horst Binnig will succeed Gerd Kleinert as CEO on 1 January 2014. As an executive board member of Rheinmetall AG he will also represent the interests of the automotive sector in the Rheinmetall Group. His predecessor Kleinert is retiring. Binnig has been with the KSPG Group since 1999 and an executive board member since January 2012. KSPG, which represents the automotive industry supplier sector in the Rheinmetall Group, has a global workforce of about 12,000 and generated sales of EUR 2.4 billion last year, thus contributing over 50% of the group's sales of EUR 4.7 billion.