PORR AG

Nomination Committee nominates Andreas Sauer as new CFO

Public disclosure of inside information according to article 17 MAR

Vienna (pta015/20.11.2017/10:55) - Today the Nomination Committee of the Supervisory Board nominated Andreas Sauer as a member of the Executive Board and new CFO of PORR AG with effect from 1 February 2018. The requisite resolutions are set to be passed in the Supervisory Board meeting on 6 December 2017.

Andreas Sauer (49) graduated in economics from the University of Mannheim, gaining his MBA in 1995. He began his career at Deutsche Bahn before taking up management positions at Stinnes, Schenker and Infineon. His most recent position has been as the successful CFO and Senior Vice President of Nokia Mobile Networks. Sauer has comprehensive experience in the fields of integration, transformation and project management.

Contact:
Karl-Heinz Strauss
CEO
PORR AG
T [phone]
M [phone]
[e-mail]

Sandra C. Bauer
Head of Corporate Communications | Corporate Spokesperson
PORR AG
T [phone]
M [phone]
[e-mail]

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emitter: PORR AG
address: Absberggasse 47, 1100 Wien
country: Austria
contact person: Dir. Prok. Rolf Petersen
phone: [phone]
e-mail: [e-mail]
website: www.porr-group.com

ISIN(s): AT0000609607 (share), AT0000A19Y28 (bond), AT0000A19Y36 (bond), DE000A1HSNV2 (bond), XS1555774014 (bond)
stock exchanges: official trade in Vienna; basic board in Frankfurt

[ source: http://www.pressetext.com/news/20171120015 ]