ots Ad hoc-Service: Wienerberger Baustoffind. <AT0000831706> WBI
Vienna (ots Ad hoc-Service) -
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Wienerberger Managing Board Generation change on May 20, 2001 (German version below)
Following a recommendation by the Managing Board and supported by a comprehensive analysis from the well-known consulting firm, Egon Zehnder International, the Supervisory Board of Wienerberger Baustoffindustrie AG announces a generation change in management. The resolutions passed today will take effect on May 20, 2001.
This date marks the end of contracts with Erhard Schaschl (57), who has led the Wienerberger Group as CEO for over 20 years, and Paul Tanos (56), member of the Managing Board since 1988. Both have asked not to be nominated for an additional term of office in order to permit a change of generations in Group management.
Wolfgang Reithofer (51), youngest member of the present Managing Board and Vice-Chairman under Erhard Schaschl, will remain with Wienerberger. His contract has been renewed for a five-year period and he has been appointed CEO, thereby ensuring continuity on the Managing Board. Three managers from the Wienerberger Group have been appointed members of the Managing Board, with a three-year term of office beginning on May 20, 2001:
- Johann Windisch (48) has 20 years of experience at Wienerberger and was previously responsible for brick activities in Central, South and East Europe - Hans Tschuden (41) has worked at Wienerberger for 11 years, and is currently in charge of the Pipe Systems and Sewage Technology segment - Heimo Scheuch (34), has been with Wienerberger for four years and supervised brick activities in Belgium, Holland and France.
All three have been members of Wienerberger Executive Group Management, which was installed in 1999. They have extensive international experience and are therefore well prepared to assume these key positions. With respect to the division of duties among the members of the Managing Board, Wolfgang Reithofer as CEO will be responsible for general strategy and corporate development, key personnel, corporate communications, the US brick business, joint ventures and real estate.
Hans Tschuden will head corporate finance, information technology, human resource management, and e-commerce. Together with Wolfgang Reithofer, he will supervise the Group's joint ventures. Johann Windisch will be responsible for building materials activities in Central, South and East Europe plus the coordination of technology/engineering and purchasing for the Group. Heimo Scheuch will oversee building materials activities in West and North Europe with a focus on the facing brick business, and will also coordinate marketing for the Group. The new Wienerberger Managing Board will consist of a Chief Executive Officer, two Chief Operating Officers and a Chief Financial Officer with a well-balanced division of duties.
Erhard Schaschl, who will remain as CEO until May 20, 2001, views this management transformation as a high point of his 21year career at Wienerberger: "This significantly younger management board has grown and developed within the Group, and will not only ensure continuity but also bring new vitality into the organization. This team will continue to build on today's solid foundation and use the Group's established international position to lead Wienerberger into a successful future."
Wienerberger Baustoffindustrie AG The Managing Board - Vienna, December 15, 2000 For additional information contact: Erhard Schaschl, CEO, Tel.: +43(1) 60192-410 Thomas Melzer, IR and PR, Tel.: +43(1) 60192-471, E- Mail: investor@wienerberger.com
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Original-Content von: Wienerberger AG, übermittelt durch news aktuell