EQS-News: AMAG Austria Metall AG: Contracts of CEO Gerald Mayer and COO Helmut Kaufmann extended

EQS-News: AMAG Austria Metall AG / Key word(s): Personnel
AMAG Austria Metall AG: Contracts of CEO Gerald Mayer and COO Helmut
Kaufmann extended

16.02.2022 / 18:13
The issuer is solely responsible for the content of this announcement.

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Ranshofen, February 16, 2022

AMAG Austria Metall AG: Contracts of CEO Gerald Mayer and COO Helmut
Kaufmann extended

– Early extension of contracts of CEO Gerald Mayer and COO Helmut Kaufmann
– Both have served on the AMAG Management Board since 2007
– Continuity in growth course of AMAG Austria Metall AG thereby ensured

At today’s Supervisory Board meeting of AMAG Austria Metall AG, a
resolution has been passed to implement an early extension of the
contracts of Chief Executive Officer Gerald Mayer and Chief Operating
Officer Dr. Helmut Kaufmann. The term of Gerald Mayer’s contract was
thereby extended until December 31, 2025. Dr. Helmut Kaufmann’s contract
runs until April 30, 2026.

Gerald Mayer has been active as CEO of AMAG since March 2019. His scope of
responsibility also includes the financial agendas for which he has
already been responsible as Chief Financial Officer since 2007. Dr. Helmut
Kaufmann has been COO at AMAG since 2007. Since June 2019, the AMAG
Management Board team has been completed by Chief Sales Officer Victor
Breguncci whose contract was also extended early, in September of the
previous year, by a four-year period until May 31, 2026.

Herbert Ortner, Chairman of the Supervisory Board of AMAG Austria Metall
AG: „AMAG’s proven Management Board team has successfully implemented the
company’s strategic expansion plans in recent years and has confidently
handled the challenges posed by the COVID-19 pandemic. It will continue to
drive AMAG’s growth course in a dynamic market in the years ahead. The
early extension of the Management Board contracts of Gerald Mayer and
Helmut Kaufmann ensures consistency and enables the sustainable and
structured further development of a successful company.“

Photo 1: AMAG Austria Metall AG Management Board (from left to right):
Chief Operating Officer (COO) Dr. Helmut Kaufmann, Chief Executive Officer
(CEO) Gerald Mayer and Chief Sales Officer (CSO) Victor Breguncci

 

About the AMAG Group

AMAG is a leading Austrian premium supplier of high-quality aluminium cast
and flat rolled products for highly varied industries such as the
aircraft, automotive, sports equipment, lighting, mechanical engineering,
construction and packaging industries. The Canadian smelter Alouette, in
which AMAG holds a 20 % interest, produces high-quality primary aluminium,
while maintaining an exemplary net ecological footprint. At AMAG
components, based in Übersee am Chiemsee (Germany), ready-to-install metal
parts are also manufactured for the aircraft industry.

Investor contact Press contact
Christoph M. Gabriel Leopold Pöcksteiner
Head of Investor Relations Head of Corporate Communications
AMAG Austria Metall AG AMAG Austria Metall AG
Lamprechtshausener Straße 61 Lamprechtshausener Straße 61
5282 Ranshofen, Austria 5282 Ranshofen, Austria
Tel.: +43 (0) 7722-801-3821 Tel.: +43 (0) 7722-801-2205
Email: investorrelations@amag.at         Email: publicrelations@amag.at
  
   
Website: www.amag-al4u.com  

 

Note
The forecasts, budgets and forward-looking assessments and statements
contained in this publication were compiled based on all information
presently available to AMAG. In the event that the assumptions underlying
these forecasts prove to be incorrect, targets be missed, or risks
materialise, actual results may depart from those currently anticipated.
We are not obligated to revise these forecasts in the light of new
information or future events.
This report was prepared and the data contained in it verified with the
greatest possible care. Nevertheless, misprints and rounding and
transmission errors cannot be entirely ruled out. In particular, AMAG and
its representatives do not assume any responsibility for the completeness
and correctness of information included in this publication. This
publication is also available in German. In cases of doubt, the
German-language version takes precedence.
This publication does not comprise either a recommendation or a
solicitation to either purchase or sell securities of AMAG.

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16.02.2022 This Corporate News was distributed by EQS Group AG.
www.eqs.com

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Language: English
Company: AMAG Austria Metall AG
Lamprechtshausener Straße 61
5282 Ranshofen
Austria
Phone: +43 7722 801 0
Fax: +43 7722 809 498
E-mail: investorrelations@amag.at
Internet: www.amag-al4u.com
ISIN: AT00000AMAG3
WKN: A1JFYU
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Munich, Stuttgart; Vienna Stock Exchange (Official Market)
EQS News ID: 1281200

 
End of News EQS News Service

1281200  16.02.2022 

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