Change at the Executive Board

Franz Hofmann, who has been member of the Executive Board of ANDRITZ AG since 1999 and responsible for the METALS and the ENVIRONMENT & PROCESS business areas as well as for Automation on a Group-wide level, will retire on March 31, 2011. Effective from April 1, 2011 Wolfgang Semper will become new member of the Executive Board and will be responsible for the HYDRO business area (together with Friedrich Papst) and for Automation on a Group-wide level. Wolfgang Semper has successfully headed the “Large Hydro” division of the HYDRO business area of ANDRITZ. Friedrich Papst, who is responsible for the HYDRO and the FEED & BIOFUEL business areas, will additionally assume responsibility for the METALS business area. Humbert Köfler, who is responsible for the Service & Units segment of the PULP & PAPER business area, will additionally assume responsibility for the ENVIRONMENT & PROCESS business area. The responsibility areas of Wolfgang Leitner, President and Chief Executive Officer, and of Karl Hornhofer, member of the Executive Board, will remain unchanged.

 

ANDRITZ AG, Graz (A), Tel.: +43 (316) 6902-0,

www.andritz.com

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