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FAQ: Gerfried Eder's Executive Board Term Extension at Semperit AG Holding
TL;DR
Semperit AG Holding extends CIO Gerfried Eder's contract until 2029, reinforcing cost leadership and market position to capitalize on growth opportunities in industrial elastomer products.
Gerfried Eder's extended role as CIO at Semperit oversees industrial hoses, R&D, supply chain, and quality, ensuring lean processes and innovation for operational excellence.
Semperit's contract extension for Gerfried Eder promotes continuity and sustainable market expansion, fostering long-term stability and value creation for customers and employees worldwide.
Semperit, founded in 1824, employs 4,000 people globally and generated €676.6 million in revenue in 2024, showcasing its enduring industrial legacy.
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The Supervisory Board of Semperit AG Holding has extended Gerfried Eder's term on the Executive Board ahead of schedule for three years until June 30, 2029, where he serves as Chief Industrial Officer (CIO).
Gerfried Eder has been with Semperit since 2000 and has been a member of the Executive Board as CIO since July 1, 2023. He is responsible for the Industrial Applications (SIA) division, which includes hydraulic and industrial hoses and profiles, as well as commercial excellence, R&D, supply chain, procurement, occupational safety, environment, and quality.
According to Cord Prinzhorn, Chairman of the Supervisory Board, Eder has been a guarantor of outstanding performance for 25 years, contributing significantly to the company's development with his focus on efficiency and sales excellence. The extension signifies continuity and a strong focus on sustainable market expansion.
Eder emphasizes that lean processes and high innovation power form the foundation of their business, and they aim to create added value for customers by expanding cost leadership, technological strength, and customer focus to benefit from positive market trends.
The Executive Board consists of three members: Manfred Stanek (CEO), Helmut Sorger (CFO), and Gerfried Eder (CIO).
Semperit AG Holding is an internationally oriented group that develops, produces, and sells high-quality elastomer products for industrial customers in over 100 countries through its two divisions: Semperit Industrial Applications and Semperit Engineered Applications. It was founded in 1824, is headquartered in Vienna, employs around 4,000 people, and generated revenue of EUR 676.6 million with EBITDA of EUR 84.9 million in 2024.
For questions, contact Bettina Schragl, Director Communications & Capital Markets, at +43 676 8715 8257 or bettina.schragl@semperitgroup.com.
The original release can be viewed on www.newmediawire.com.
Curated from NewMediaWire
