Changes in the Executive Board of Kapsch TrafficCom AG

09.04.2019, 2049 Zeichen



Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
Personnel
Vienna - Kapsch TrafficCom AG informs that the company's Chief Technology Officer (CTO), Mr Alexander Lewald, will leave by mutual agreement by the end of April 2019. His term would have originally ended on October 31, 2019. During his almost four years with Kapsch, Mr. Lewald has contributed essentially to the evolution of the company. Among many other achievements he has substantially redefined the global product and solution portfolio and made it future-proof. The Supervisory Board and the colleagues from the Executive Board thank Mr Lewald for his commitment and contribution to the success of the company and wish him all the best for his private and professional future.
Mr Alfredo Escriba will take over the role as CTO for a term of five years. Mr Escriba joined the Group in 2016 when Kapsch acquired Schneider Electric's global transportation business. Before the acquisition, he had been responsible for the US market covering the important markets of both tolling and traffic management. During his time with Kapsch, Mr Escriba has developed the company's urban traffic management business and has actively participated in the definition of the overall Kapsch TrafficCom strategy. With all of this, Alfredo Escriba proofed his strategic and operational capabilities as well as his outstanding leadership skills.
Furthermore, Kapsch TrafficCom announces that the term of André Laux, Chief Operating Officer (COO) was extended by five years (i.e. until March 31, 2024).
end of announcement euro adhoc
issuer: Kapsch TrafficCom AG Am Europlatz 2 A-1120 Wien phone: +43 1 50811 1122 FAX: +43 1 50811 99 1122 mail: ir.kapschtraffic@kapsch.net WWW: www.kapschtraffic.com ISIN: AT000KAPSCH9 indexes: stockmarkets: Wien language: English
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