Dematic names Mike Larsson as new President


KION Group AG (KGX.DE) has appointed Michael Larsson as President of Dematic Corp. and a member of KION’s executive board. Larsson succeeds Hasan Dandashly, who retired from the company effective 31 December 2023.

In his board assignment, Larsson also has responsibility for the KION Industrial Truck Segment (ITS) for the Americas and also retains responsibility for the Dematic Americas region.

“With his responsibility for the Dematic SCS business globally and ITS in the Americas, Mike further drives our strong commitment to profitable growth. He also expands our integrated solutions strategy on lighthouse projects with top customers”, said Rob Smith, CEO at KION.
“It’s a very exciting time to lead Dematic, having the opportunity to work alongside an incredible team of industry experts to build upon our proud history and serving our customers. With the industry undergoing fundamental change, driving the need for increasing levels of automation, Dematic is in a great position to lead with innovative software and technology solutions. I would like to thank Hasan for his strong contributions to the company over the last five years building a strong foundation for future growth”, notes Larsson.  

A 35-year veteran of industrial automation and robotics, Larsson has a proven track record as a strategic business leader with a focus on customers and employees. Most recently, he served as the executive vice president of Dematic’s Americas region and was responsible for accelerating growth and driving the company’s presence in the US, Canada, Mexico and South America. Over the past three years, he led the company through complex challenges during Covid-19 as well as historical eCommerce surges in 2021 and 2022.

Prior to joining Dematic, Larsson served as a senior vice president and managing director at ABB’s Automotive business unit. During his 30-plus years at ABB, he also served in increasing levels of executive leadership, as CFO and business leader across four continents. A native of Sweden, he holds a Bachelor of Business Administration degree from Stockholm University School of Economics in Sweden.

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