Schoeller-Bleckmann Oilfield Equipment AG

EANS-Adhoc: Schoeller-Bleckmann Oilfield Equipment AG
Supervisory board appoints new Chief Financial Officer

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
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Board of Directors (Appointments and Changes)

Schoeller-Bleckmann Oilfield Equipment AG: Supervisory board appoints new Chief
Financial Officer 

- Klaus Mader to succeed Franz Gritsch from 1 October 2015
- Franz Gritsch to retire early in 2016 

Ternitz/Vienna, 8 April 2015. Long-term Chief Financial Officer (CFO) of
Schoeller-Bleckmann Oilfield Equipment AG (SBO) Franz Gritsch will retire at the
beginning of 2016, following 21 years of service for the company. SBO's
supervisory board today appointed Klaus Mader as his successor. 

For ensuring seamless transition, Franz Gritsch will be available to the company
until the beginning of 2016. Gritsch and Mader will cooperate closely for six
months, with Mader assuming his position as Director of Finance as of 1 July
2015 and Gritsch continuing as CFO until 30 September. As of 1 October 2015, the
managers will swap their positions: Mader will take over his executive board
function as CFO, and Gritsch the tasks of Director of Finance until early in

Klaus Mader, 45, is currently Executive Vice President Finance & Administration
of the globally operating Tyrolit group. He has spent 15 years with Tyrolit,
before that he had gained professional experience at Wienerberger
Baustoffindustrie AG, Immorent AG and TPA Treuhand Partner Austria.

end of ad-hoc-announcement
Schoeller-Bleckmann Oilfield Equipment AG is the global market leader in
high-precision components and a leading supplier of oilfield equipment for the
oilfield service industry. The business focus is on non-magnetic drillstring
components and high-tech downhole tools for drilling and completing directional
and horizontal wells. As of 31 December 2014, SBO has employed a workforce of
1720 worldwide (31 December 2013: 1574), thereof 451 in Ternitz/Austria and 714
in North America (including Mexico).

Further inquiry note:
Florian Schütz, Head of Investor Relations
Schoeller-Bleckmann Oilfield Equipment AG
A-2630 Ternitz/Austria, Hauptstrasse 2
Tel.: +43 2630 315-251
Fax: +43 2630 315-501

end of announcement                               euro adhoc 

issuer:      Schoeller-Bleckmann Oilfield Equipment AG
             Hauptstrasse 2
             A-2630 Ternitz
phone:       02630/315110
FAX:         02630/315101
sector:      Oil & Gas - Upstream activities
ISIN:        AT0000946652
indexes:     WBI, ATX Prime, ATX
stockmarkets: official market: Wien 
language:   English

Original-Content von: Schoeller-Bleckmann Oilfield Equipment AG, übermittelt durch news aktuell

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