Michael Larsson is the new President of Dematic

As a member of the Executive Board, Larsson will also take over the management of Kion's Industrial Truck Segment (ITS) for North and South America. At the same time, he will be responsible for the Dematic North and South America region. "With responsibility for Dematic's SCS business globally and for ITS in the Americas, Michael Larsson will continue to drive our strong commitment to profitable growth. He will expand our strategy for integrated solutions in lighthouse projects with top customers," said Rob Smith, CEO of the Kion Group.

Michael Larsson says: "It is an extremely exciting time to be taking the helm of Dematic and to have the opportunity to work with an outstanding team of industry experts to build on our proud history and serve our customers in the best possible way". Commenting on the future of the company, the new President said: "Dematic is in an excellent position to lead the way in the midst of a fundamental shift in the industry that requires increasingly higher levels of automation. I would like to thank Hasan for his significant contribution to the company over the last five years, during which he has laid a solid foundation for future growth."

Larsson has 35 years of experience in industrial automation and robotics and has a proven track record as a strategic business leader with a focus on customers and employees. Most recently, as executive vice president of Dematic's Americas region, he was responsible for accelerating growth and driving a market-leading presence in the U.S., Canada, Mexico and South America. Over the past three years, as head of the Americas region, he successfully led the company through complex challenges during the Covid-19 pandemic as well as the historic e-commerce surges of 2021 and 2022.

Prior to joining Dematic, Larsson was senior vice president and general manager of ABB's Automotive business unit. During his more than 30 years with the technology group ABB, he has also held increasingly senior management positions, including finance director and divisional director on four continents. He holds a Bachelor of Business Administration from the School of Economics at Stockholm University in Sweden.