EQS-News: PALFINGER AG: CONTRACT of CFO Felix Strohbichler Extended for Another 5 Years

EQS-News: Palfinger AG / Key word(s): Personnel/Contract
PALFINGER AG: CONTRACT of CFO Felix Strohbichler Extended for Another 5
Years

01.02.2022 / 12:58
The issuer is solely responsible for the content of this announcement.

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Photo: f.l.t.r. Felix Strohbichler (CFO), Hubert Palfinger (Chairman of
the Supervisory Board) Image rights: PALFINGER AG
 
Bergheim, February 1, 2022

On January 27, 2022, the Supervisory Board of PALFINGER AG unanimously
resolved to reappoint Felix Strohbichler as CFO until the end of 2027.

Felix Strohbichler (born in 1974) became head of PALFINGER AG’s Legal
Department in 2000. He went on to hold numerous executive positions in
several areas of the PALFINGER Group, most recently that of EMEA Area
Manager in charge of Marketing, Sales and Service, and Finance and
Controlling. From May 2015 to September 2017 Strohbichler was Managing
Director of B&C Industrieholding GmbH. In his capacity as CFO of PALFINGER
AG, he has been responsible for the areas of Controlling, Accounting, Tax,
Treasury, Legal, Risk Management, Internal Auditing, Compliance, Sales &
Operations Planning, Process and Quality Management, Information and
Communications Technology, and Global Business Services since October
2017. His new appointment runs until December 31, 2027.

Chair of the Supervisory Board Hubert Palfinger thanks Felix Strohbichler
for his active support in recent years, during which, as CFO, he was
significantly involved in the restructuring of company’s marine business,
the introduction of the Global PALFINGER Organization (GPO) and taking
action against the cyberattack and the COVID-19 pandemic together with
everybody on the Executive Board. „The balance sheet structure has been
significantly strengthened under Felix Strohbichler in recent years and a
substantial reduction in net debt has been achieved,“ adds Hubert
Palfinger.

In the continuation of his contract, Felix Strohbichler sees a clear
mandate to consistently pursue PALFINGER AG’s profitable course of growth.
Regarding his reappointment, Felix Strohbichler states: „PALFINGER AG is a
great company with enormous potential. With our new company strategy 2030,
we as the whole Executive Board have set ourselves high goals that we want
to achieve above all else. Driving forward digitization, aligning the
company with full solutions and further increasing financial performance
are the focal points of this strategy. As a member of the Executive Board,
I look forward to continuing to contribute to PALFINGER AG’s success.“ 

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ABOUT PALFINGER AG 
The international mechanical engineering firm of PALFINGER is the global
leader for innovative crane and lifting solutions. With a workforce of
over 12,000, 34 manufacturing sites and a worldwide network of dealerships
and maintenance centers at over 5,000 locations, PALFINGER is always close
to the customer.

As the leader in its engineering field, the company aims to ensure its
partners‘ business success in the long term by providing solutions and
products that remain economically and ecologically viable in the future.
Its broad product and model portfolio allows PALFINGER to take
digitization and the deployment of artificial intelligence to new levels. 

As a global company with strong roots in its home region, PALFINGER is
convinced that thinking and acting in the interests of sustainability play
a vital role in successful business operations. This is why the company
assumes social, ecological and economic responsibility along the entire
value chain.

PALFINGER AG has been listed on the Vienna stock exchange since 1999 and
in 2020 achieved revenue of EUR 1.53 billion.

Further inquiries:  
Hannes Roither | Group spokesperson | PALFINGER AG  
T +43 662 2281-81100 | [2]h.roither@palfinger.com 

Texts and accompanying images are available in the „News“ section
of [3]www.palfinger.ag, [4]www.palfinger.com.

 

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01.02.2022 This Corporate News was distributed by EQS Group AG.
www.eqs.com

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Language: English
Company: Palfinger AG
Lamprechtshausener Bundesstraße 8
5020 Salzburg
Austria
Phone: +43 (0)662/2281-81101
Fax: +43 (0)662/2281-81070
E-mail: ir@palfinger.com
Internet: www.palfinger.ag
ISIN: AT0000758305
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1274393

 
End of News EQS News Service

1274393  01.02.2022 

References

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