EQS-News

Changes in the ANDRITZ AG Executive Board

EQS-News: Andritz AG / Key word(s): Personnel Changes in the ANDRITZ AG Executive Board 31.03.2023 / 12:42 CET/CEST The issuer is solely responsible for the content of this announcement.

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GRAZ, MARCH 31, 2023. ANDRITZ GROUP announces changes in its Executive Board, with two long-serving members retiring after their successful careers with the company.

Wolfgang Semper has been a member of the Executive Board since 2011, with responsibility for the Hydro business area, Group Automation & Digitalization, and the Corporate Security function. After more than 40 years in the hydropower sector, he is retiring at the end of March 2023. During his tenure, Wolfgang Semper helped to position ANDRITZ as a strong global market leader in hydropower, contributing to the company's success in the hydropower sector.

Humbert Köfler has been a member of the Executive Board since 2007, with responsibility for the Pulp & Paper Service and Separation business units. He will retire in September 2023 after 36 years with the company. During his tenure, Humbert Köfler successfully managed the growth and profitability of the Pulp & Paper Service and Separation business units.

“I would like to express my sincere thanks and appreciation to Wolfgang Semper and Humbert Köfler for their many years of dedicated and successful work for ANDRITZ. Their contributions have played a decisive role in developing ANDRITZ into a recognized, profitable international technology group,” says President and CEO Joachim Schönbeck.

The ANDRITZ Executive Board will welcome two new members as of April 1, 2023:

Frédéric Sauze (MBA, B. Eng.) has been appointed member of the Executive Board with responsibility for the Hydro business area. He has a proven track record in ANDRITZ, having previously held the positions of Senior Vice President of the ANDRITZ Hydro Service & Rehab Division North America, CEO of ANDRITZ S.A. de C.V. in Mexico, and President of ANDRITZ Hydro Corp. in the USA. Frédéric Sauze joined ANDRITZ in 2013 from ALSTOM, where he held various management positions in Mexico, Spain, the UK, and France.