Corporate affairs
Corporate structure
KHD is administered via a central holding company, KHD Humboldt Wedag International AG, which is headquartered in Cologne, Germany, and is listed on the Frankfurt Stock Exchange.
The Cologne headquarters houses all central group functions, including the Center of Excellence, as well as Humboldt Wedag GmbH, the company’s subsidiary for EMENA & APA. Four regional subsidiaries cover remaining key markets:
Humboldt Wedag GmbH also houses the company’s three regional sales offices in: Istanbul, Türkiye; Dubai, UAE; and Tehran, Iran.
Center of Excellence and Technical Center
Research and development has been a feature of KHD’s operating principles since the early days under Martin Neuerberg and Wimmer Breuer. In the 19th Century, Neuerberg built a test stand to test new machines and technologies for individual contracts. A research center was constructed about 1912 at the same location and became the center for innovation for the company, with research staff undertaking laboratory and prototype testing of new processes and equipment. The research center moved into new facilities in 1995 and would continue to grow through the 20th Century as the company entered new market segments. In 1982, the research division moved again to a larger complex in Cologne-Porz. It stayed here until 2001, when it was moved back to its original location in the Kalk district of Cologne.[18]
Today’s KHD Center of Excellence and Technical Center are the descendants of Neuerberg’s original test stand. Located at group headquarters in Cologne, the Center of Excellence provides the company’s regional subsidiaries with process engineering, plant layout, and machine design support. It also houses the Technical Center, which plays a key role in ensuring the company’s latest developments work in real-world conditions. The Technical Center also provides small-batch up to industrial-scale testing of raw materials as the basis for grinding plant design and machine selection. [19]
Management
As per German corporate law and governance code for publicly-traded companies, KHD is managed by a two-tier board structure:[20]
As of March 2024, the management board of KHD comprises:
As of March 2024, the KHD supervisory board comprises:
The management board is assisted by the general managers of KHD’s subsidiaries:
Ownership
Ownership of KHD has changed a number of times over its history. As of March 2014, the China State-owned Assets Supervision & Administration Commission is the largest shareholder in KHD Humboldt Wedag International AG with a 89.02% stake, via AVIC Beijing Co. Ltd, a subsidiary of Aviation Industry Corporation of China.[21]
- CIS/Central Asia: ZAB Zementanlagenbau GmbH Dessau) in Dessau, Germany.
- India and SSA: Humboldt Wedag India Pvt Ltd in New Delhi, India.
- Americas: Humboldt Wedag Inc. in Atlanta, USA.
- China: KHD Humboldt Wedag Machinery Equipment (Beijing) Co. Ltd in Beijing, China.
- The management board is responsible for day-to-day running of the company.
- The supervisory board is responsible for supervision and control of the management board.
- Jianlong Shen, CEO
- Jürgen Luckas, CFO
- Matthias Jochem, COO
- Matthias Mersmann, CTO
- Jiayan Gong, Chairman
- Gerhard Beinhauer, Vice Chairman
- Xiaodong Wu
- Jingnan Yang
- André Sybon, general manager for the KHD Center of Excellence, Humboldt Wedag (Germany)
- Rainer Krüper, general manager for sales and execution, Humboldt Wedag (Germany)
- Ashok Dembla, general manager, Humboldt Wedag India Pvt Ltd
- Dwayne Holland, general manager, Humboldt Wedag Inc.
- Wolfgang Pajonke, general manager, ZAB Zementanlagenbau GmbH Dessau
- Sibo ‘Steven’ Yan, general manager of KHD Humboldt Wedag Machinery Equipment (Beijing) Co. Ltd
