Industry & Services >> CEO Interviews >> February 8, 1999

Klaus-michael Kuehne – Kuehne & Nagel International Ag (kniz.s)

KLAUS-MICHAEL KUEHNE is CEO of Kuehne & Nagel International AG. Mr. Kuehne heads the Kuehne & Nagel organization, one of the most influential global forwarding and logistics enterprises, attaining an annual turnover of more than 6 billion Swiss francs. Its 13,000 employees, stationed at 480 locations in 82 countries, are skilled in every aspect of the worldwide transport trade ' over land, at sea and in the air. The group's warehousing capacity totals 1.2 million square meters. In addition to its classical forwarding divisions, the organisation tackles a wide range of tasks in specialist areas such as timber and paper transportation, customs clearance, trade fair services and removals. The spectrum also includes port services, seaworthy packing, travel agencies, insurance brokerage and ship brokerage. Mr. Kuehne was born in Hamburg, Germany, on June 2, 1937 as the son of forwarding merchant Alfred Kuehne. His grandfather August Kuehne, together with Friedrich Nagel, had founded the Breman forwarding firm Kuehne & Nagel in mid-1890. After his high school graduation, Klaus- Michael Kuehne underwent a two-year banking apprenticeship, followed by intensive training at related forwarding, ship operating and shipbroking companies as well as in various European and overseas Kuehne & Nagel branches. In 1963 Kuehne joined his father's company as a general partner. Two years later he was appointed chairman of the newly-founded Kuehne & Nagel Speditions-AG's management board. During the mid-70's ' after Alfred Kuehne had retired to the honorary chairmanship on the supervisory board ' his son Klaus-Michael advanced to the positions of sole limited partner of Kuehne & Nagel KG, Bremen, chairman of the board of Kuehne & Nagel Speditions' AG, Breman, and delegate to the board of directors of the holding company, Kuehne & Nagel International AG, Pfaeffikon (from April 1992; Schindellegi), Switzerland, which since 1974 is the parent company of the whole organization. In May 1994, Kuehne, together with the Viag group, one of Germany's Biggest industrial concerns, realised the long-standing intention of converting Kuehne & Nagel into a public company. The bearer shares of Kuehne & Nagel International AG (18.1 per cent of the share capital) were launched on the Zurich and Frankfurt stock exchanges. Today, Kuehne & Nagel International AG holds controlling interests, either directly of indirectly, in some 215 companies around the world. Most of these are 100 per cent owned subsidiaries, while the rest constitute najoirty or 50 percent holdings. Even after the new formation and extension of the partner constellation, Klaus-Michael Kuehne continues to determine the fate of the organization. He thus follows a 108-year family tradition as the successor of his grandfather, founder August Kuehne, and his father, Alfred Kuehne. Profile
TWST: Let's start out with a brief overview of Kuehne & Nagel and a

little history.

Mr. Kuehne: We are an international freight forwarding and logistics

company. We have a network of