Scott Technology appoints new CEO

Scott Technology Ltd (NZX: SCT) Chairman, Stuart McLauchlan is pleased to announce the appointment of Mike Christman as CEO. Mr Christman replaces John Kippenberger who steps down at the end of August 2024. The appointment follows a thorough global recruitment process to identify and consider suitable candidates. Currently based in the UK, Mike is a distinguished leader with over 20 years of experience in the automated logistics and materials handling industry. He is recognised for his innovative leadership and ability to drive significant operational excellence and profitable business growth. "We are excited to welcome Mike as CEO. Mike brings extensive experience and a proven track record of delivering excellence across complex global organizations. He is a highly capable leader, and we are excited to have him join Scott to lead our business", said Mr McLauchlan. Mr Christman will join Scott from Vanderlande B.V., a global leader in the supply of logistics automation, where he has been the Global Executive Vice President of the Parcel segment since April 2021. In that role Mike has overseen a team of approximately 2000 FTEs and has been responsible for managing annual revenues exceeding EUR450 million. Mr Christman has played a pivotal role in defining the global market strategy and spearheading growth initiatives. His strategic focus encompasses R&D technology roadmaps, global people development plans, and long-term customer service agreements, ensuring sustained growth and market leadership. 'I am honoured and proud to be invited by Scott to join and lead the organisation through the next chapter of growth. Building upon Scott's already proven rich history of high performing teams, innovation, quality and deep customer focus, I look forward to developing further the strategy led by John. We will work hard to deliver even greater customer value through deepening our understanding of our customer's needs, addressing those needs through market leading innovations and of course the highly talented Scott team', said Mike. Prior to his current role, Mike held various leadership positions at Vanderlande including Managing Director for the UK and Singapore where he led major transformations and achieved significant business milestones, including securing the largest order in Vanderlande Airports' history. Mike is a Chartered Engineer, holds a Master of Sciences from the University of Glasgow and is PMP Certified. He will commence his new role in October 2024 following his relocation to Auckland. END End CA:00434599 For:SCT Type:GENERAL Time:2024-07-17 08:30:22