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Palfinger AG

euro adhoc: Palfinger AG
Management Changes
PALFINGER AG - A new CEO appointed

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
Company Information
19.06.2008
Herbert Ortner to become Chief Executive Officer of PALFINGER AG
o Wolfgang Anzengruber will remain CFO until the end of August 2008
 o New CFO will be appointed in early 2009
The  Supervisory  Board  appointed  Chief  Marketing  Officer   
Herbert   Ortner PALFINGER AG's new CEO today.  He  will  take  over 
the  office  from  Wolfgang Anzengruber with immediate effect.
Herbert Ortner (39) was global Business Unit Manager  for  industrial
hoses  at the public  listed Semperit Group until 2001. He then  
joined  PALFINGER,  where he developed the spare parts,  equipment,  
and  service  business  before  being appointed to the Management 
Board in 2003. The focus of his activities as  Chief Marketing  
Officer  included  PALFINGER's  railway  applications,  tail   lifts,
transportable forklifts, and aerial work  platforms,  as  well  as  
the  further expansion of the service business.
The incumbent CEO Wolfgang Anzengruber  will  stay  in  office  as  
per  current agreement until the end of August 2008 and remain in 
charge  of  finances  until he leaves the Company.
The Management Board of PALFINGER AG  will  continue  to  be  
composed  of  four members. The search for a successor in office has 
already started;  the  Company plans to appoint a new Chief Financial
Officer in early 2009. With effect as  of September 2008 the new 
Chief Executive Officer Herbert  Ortner  will  take  over 
responsibility for the Group's finances on an interim basis.
end of announcement                               euro adhoc

Further inquiry note:

Hannes Roither, PALFINGER AG
Company Spokesperson
Phone +43 662 46 84-2260
h.roither@palfinger.com
www.palfinger.com

Branche: Machine Manufacturing
ISIN: AT0000758305
WKN: 919964
Index: ATX Prime, ATX
Börsen: Wiener Börse AG / official market

Plus de actualités: Palfinger AG
Plus de actualités: Palfinger AG