euro adhoc: VA Technologie AG / Annual & Special Corporate Meetings / Klaus Sernetz designated Chairman of the Managing Board of VA Technologie AG (E)

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Gerhard Falch designated Deputy Chairman

Chief Financial Officer: Two candidates; decision taken in consideration of the new CEO

On the occasion of today’s annual general meeting of VA TECH AG in Linz the Chairman of the Supervisory Board, Peter Michaelis, announced that the Supervisory Board nominated Klaus Sernetz as successor of Erich Becker for the post of Chairman of the Managing Board of VA TECH AG as Becker will resign from this position by the end of August. Sernetz joined the Group in 1995, is Chairman of the Managing Board of VA TECH ELIN EBG and has been a member of the VA TECH Managing Board since 2002.
Designated new Deputy Chairman of the Managing Board is Gerhard Falch, Chairman of the Managing Board of VAI and also a member of the VA TECH Managing Board since 2002.
"It was no easy choice as all internal and external candidates who could be considered dispose of excellent knowledge and abilities", stressed Michaelis at his announcement.

Chief Financial Officer: Two candidates

"The decision on the new Chief Financial Officer of VA TECH will be taken already in consideration of the designated Chairman of the Managing Board, Klaus Sernetz, and will be a choice between two shortlisted candidates", explains Michaelis concerning the regulation of succession for Roland Scharb who will resign from his position at the end of June.

Further inquiry note:
Wolfgang Schwaiger
Strategy, Communications and Investor Relations

phone: 43 732 6986-9222 fax: 43 732 6980-3416 wolfgang.schwaiger@vatech.at

Emittent: VA Technologie AG Lunzerstrasse 64 AT-4031 Linz ISIN: AT0000937453 WKN: 093745 Indizes: ATX, ATX Prime, WBI Börsen: official dealing Wiener Börse AG; free trade Berliner

end of announcement euro adhoc

Wertpapierbörse, Bayerische Börse
Branche: Technology
Sprache: Englisch

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