Franz Hofmann will retire as planned on March 31, 2011
Wolfgang Semper becomes new member of the Executive Board
Franz Hofmann, who has been member of the Executive Board of Andritz AG since 1999 will retire as planned on March 31, 2011.
In this context, the Andritz AG Supervisory Board took the following resolutions effective as of 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, aged 52, is a graduate of mechanical engineering and has successfully headed the ‛Large Hydro’ division of the hydro business area of the company
Humbert Köfler, who is responsible for the Service & Units segment of the pulp and paper business area, will additionally assume responsibility for the environment 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.