Andritz AG

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
 

Original-Content von: Andritz AG, übermittelt durch news aktuell

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