19.11.2019,
4525 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.
Management Changes
Vienna - November 19, 2019. Wienerberger AG announces that the Supervisory Board
has appointed
Carlo Crosetto as Chief Financial Officer (CFO). He succeeds Willy
Van Riet as of March 1st, 2020.
Willy Van Riet, who has been CFO since 2007,
will step down after 12 years in office for family reasons on December 31st,
2019.
Carlo Crosetto (48) is a proven leader with a compelling international
experience. Within his 26-years career he held various finance leadership
positions within the Daimler Group in Europe and Asia. After that he became CFO
of the RMA Group, a leading Southeast Asian conglomerate, and since 2017 he has
been CFO of the German M-DAX listed mechanical and plant engineering Group Dürr
AG. Throughout his top finance management positions, he has demonstrated his
strong leadership, deep expertise in all areas of finance and financial markets
as well as sound ability to transform organisations in dynamic market
environments. He has an excellent track record in building world class financial
organisations.
Peter Johnson, Chairman of the Supervisory Board, comments on the change in the
CFO position: "I would like to personally thank Willy for the dedication with
which he has navigated the Group through major transformations and his immense
contribution to Wienerberger's success. Due to his achievements, Wienerberger is
on an accelerated growth course." With Carlo Crosetto Wienerberger is
strengthening its Managing Board with a highly experienced top manager, Johnson
adds: "Carlo's appointment follows a robust and thorough succession planning
process, which enabled us to immediately replace Willy's unexpected early
retirement. Carlo's knowledge and wide industry background ideally complement
the collective skills of our Board team. With this team we are perfectly
positioned to successfully continue executing our value-creating growth
strategy."
Wienerberger CEO
Heimo Scheuch also thanks Willy Van Riet: "Willy has been a
firm pillar of our company for two decades and has played a decisive role in
shaping our success as CFO since 2007. On behalf of the entire company, I would
like to thank him for his outstanding performance. Without him, we would not be
able to carry out the current growth opportunities. I look forward to continuing
the successful course with my colleagues and wish Willy and his family all the
best for the years to come."
As of March 1st, 2020 the Managing Board of Wienerberger AG will comprise of
Heimo Scheuch (CEO), Carlo Crosetto (CFO) and
Solveig Menard-Galli (CPO). The
appointment of the new Chief Financial Officer was preceded by a structured
nomination process within the framework of a professional succession planning
process. Heimo Scheuch will assume all responsibilities of the CFO from January
1st, 2020 until Carlo Crosetto starts in his new function as of March 1st, 2020.
Wienerberger Group
Wienerberger is the world's largest producer of bricks (Porotherm, Terca) and
the market leader in clay roof tiles (Koramic, Tondach) in Europe as well as
concrete pavers (Semmelrock) in Central and Eastern Europe. In pipe systems
(Steinzeug-Keramo ceramic pipes and Pipelife plastic pipes), the company is one
of the leading suppliers in Europe. With its total of 198 production sites, the
Wienerberger Group generated revenues of EUR 3.3 billion and EBITDA LFL of EUR
470 million in 2018.
The curriculum vitae of Carlo Crosetto is available here [https://
www.wienerberger.com/content/dam/corp/corporate-website/downloads/other/
CV_Carlo_Crosetto_EN.pdf ].
Wienerberger AG is a pure free float company, whereby the majority of shares are
held by Austrian and international institutional investors. Additional
information on the shareholder structure is provided under https://
wienerberger.com/en/investors/share [https://wienerberger.com/en/investors/
share]
end of announcement euro adhoc
Pictures with Announcement:
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http://resources.euroadhoc.com/images/10337319/5/10379793/Carlo_Crosetto_1.jpg
issuer: Wienerberger AG
Wienerbergerstraße 11
A-1100 Wien
phone: +43 1 60 192-0
FAX: +43 1 60 192-10159
mail: office@wienerberger.at
WWW: www.wienerberger.at
ISIN: AT0000831706
indexes: ATX
stockmarkets: Wien
language: English
Digital press kit: http://www.ots.at/pressemappe/594/aom
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Akt. Indikation: 33.78 / 33.82
Uhrzeit: 11:32:27
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1.
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