Movers & Shakers

Local News
- 19 Dec 2024 ( #1210 )
1 min read
Nicolas Peter
Nicolas Peter

Nicolas Peter

BMW Group - Germany

BMW Group has announced it will nominate Dr Nicolas Peter for the role of chairman of its Supervisory Board at its 2025 Annual General Meeting, with him having served a two year cooling off period from having held any positions with BMW AG.

Peter will replace Norbert Reithofer who will finish his second consecutive term on the Board. Reithofer will not stand for re-election which is in accordance with the standard age limit set by the Supervisory Board.

Currently Peter chairs the audit committee with KION Group’s Supervisory Body.

He brings to the role his extensive international experience having been a member of the Board of Management of BMW AG, responsible for finance, from January 2017 to May 2023. Peter has also held various management positions in finance and sales at the BMW Group, including in several European markets and is a former chairman of the Board of Directors of BMW Brilliance Automotive.

Michael Cavanuagh

KPI Solutions - United States

Michael Cavanuagh
Michael Cavanuagh

Michael Cavanaugh has been appointed chief executive officer with warehouse automation supplier KPI Solutions, following the retirement of Larry Strayhorn.

Strayhorn has retired after a 40-plus year career in the materials handling sector, held a position on the MHI Board of Governors and was a key figure in the 2021 formation of US-based KPI Solutions. Strayhorn will join KPI’s Board of Directors.

Cavanaugh brings more than 20-years of executive leadership experience having worked with multi-nationals including Smiths Group, General Electric and Honeywell.

“I look forward to working alongside the talented associates at KPI Solutions to deliver successful projects for our clients, enabling them to meet the challenging needs of the fast-evolving market,” Cavanaugh states.

Toyota names North American leadership team
Toyota names North American leadership team 17 Apr 2025 - Columbus, IN, United States - 2 min read
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Previously about:
Funding for BMW plant forklift project News Story - 24 Oct 2013 - Leipzig, Germany - 1 min read
KPI adds new Atlanta office News Story - 8 Jun 2023 - Atlanta, GA, United States - 1 min read
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Inside The News
In this week’s Forkliftaction News we wrap up our coverage of ProMat 2025 with a look at some more of the product launches at the Chicago event. We also reveal the new leadership team for Toyota Material Handling North America and which forklift manufacturer has expanded its production from Shanghai... Continue reading

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