EANS-News: ANDRITZ AG: Changes in the Executive Board
- Executive Board reduced to four members
- Joachim Schönbeck as new Executive Board member
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Company Information
Graz, August 28, 2014. Two mandates to the ANDRITZ AG Executive Board will
expire at the end of 2014 and one at the end of the first quarter of 2015.
At today's meeting, the ANDRITZ AG Supervisory Board passed the following
resolutions:
The mandate of Humbert Köfler, who has been responsible within the Executive
Board for the PULP & PAPER (Service and System Solutions) and SEPARATION
business areas since April 1, 2007, is to be extended for another five years
until March 31, 2020.
Friedrich Papst will retire on March 31, 2015, after more than 35 years of
service at ANDRITZ - 16 of which were spent as Member of the Executive Board,
where he was responsible for the METALS, FEED & BIOFUEL and HYDRO (pumps)
business areas, as well as for global procurement and global manufacturing.
The Executive Board mandate of Karl Hornhofer, who was responsible for the
PULP & PAPER business area's capital business as well as for global quality
and safety management, ends on September 30, 2014. In future, Karl Hornhofer
will act as chief representative for sale of large projects in the ANDRITZ
PULP & PAPER business area.
As of October 1, 2014, Joachim Schönbeck will take over the areas of
responsibility previously held by Karl Hornhofer and, as from April 1, 2015,
those held by Friedrich Papst.
Joachim Schönbeck, born in Bonn in 1964, has held management positions at
Mannesmann, Siemens and SMS Group in the course of his career. Most recently,
he was spokesman of the Managing Board for SMS Holding GmbH, Dusseldorf, and
also spent many years as President & CEO of SMS Meer GmbH in Mönchengladbach.
The other Executive Board members of ANDRITZ AG remain unchanged, with the
Executive Board comprising the following members as from October 1, 2014:
Wolfgang Leitner (President & CEO); Humbert Köfler; Friedrich Papst
(until March 31, 2015); Joachim Schönbeck; Wolfgang Semper.
As from April 1, 2015, the ANDRITZ AG Executive Board will consist of four
members: Wolfgang Leitner (CEO); Humbert Köfler; Joachim Schönbeck;
Wolfgang Semper.
On behalf of the ANDRITZ AG Supervisory Board, its chairman Christian Nowotny
thanks the two retiring members of the Executive Board for their many years
of service and their personal commitment. He is also very pleased that "Joachim
Schönbeck, a manager with a great deal of international experience and many
years of service in operational business, is joining the ANDRITZ AG Executive
Board."
- End -
The ANDRITZ GROUP
The ANDRITZ GROUP is a globally leading supplier of plants, equipment, and
services for hydropower stations, the pulp and paper industry, the metalworking
and steel industries, and solid/liquid separation in the municipal and
industrial sectors. The publicly listed, international technology Group is
headquartered in Graz, Austria, and has a staff of around 24,100 employees.
ANDRITZ operates over 250 production sites as well as service and sales
companies all around the world. The ANDRITZ GROUP ranks among the global
market leaders in all four of its business areas. One of the Group's overall
strategic goals is to strengthen and extend this position. At the same time,
the company aims to secure the continuation of profitable growth in the
long-term.
Further inquiry note:
Dr. Michael Buchbauer
Head of Group Treasury
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com
end of announcement euro adhoc
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company: Andritz AG
Stattegger Straße 18
A-8045 Graz
phone: +43 (0)316 6902-0
FAX: +43 (0)316 6902-415
mail: welcome@andritz.com
WWW: www.andritz.com
sector: Machine Manufacturing
ISIN: AT0000730007
indexes: WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien
language: English