Krones Inc names Holger Beckmann Chief Executive Officer



Tuesday, June 20, 2006

Franklin, Wis. – Krones Inc., a subsidiary of Krones AG, a world leader in the manufacture of packaging and bottling systems, announced the retirement of Chief Executive Officer and Krones Inc. Board Member Heinz Sommer, and the election of Holger Beckmann as his successor. Beckmann, 39, has been Chief Financial Officer for United States subsidiary and a member of the Krones Inc. Board of Directors since 2005. Sommer will provide continuity as a consultant to the company. Volker Kronseder, Chairman of the Executive Board, Krones AG, Germany, recognized Sommer’s contributions: “We are extremely grateful to Heinz Sommer for the significant role he played in Krones Inc.’s growth and profitability, and his diligent management of the organization. During his tenure, the company greatly enhanced its industry leadership position.” Kronseder continued, “We are fortunate to have a multi-talented forward-thinking manager as the new head of Krones Inc. Holger Beckmann brings a wealth of international, financial and operational executive experience to his new post, as well as a dedication to continuous improvement throughout the organization. We are confident that he is the right person to ensure Krones Inc.’s sustained growth and success.” Beckmann joined Krones AG in Neutraubling, Germany, as controller in 2002. Prior to that, he served in various financial management, and project and process engineering management positions with multinational companies. He holds a master’s degree in business administration from the University of Hagen, Germany, and a master’s degree in science in mechanical engineering from the Technical University of Braunschweig, Germany.

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