AMAG Extends Sales Chief Contract Through 2029 Amid Industry Challenges

The Supervisory Board of AMAG Austria Metall AG has resolved to extend the contract of Chief Sales Officer Victor Breguncci until May 31, 2029. This decision underscores the company's commitment to maintaining continuity in corporate leadership and supporting AMAG's sales efforts during a period of significant challenges for the European aluminum industry. Supervisory Board Chairman Alessandro Dazza emphasized that Breguncci has played a key role in strengthening AMAG's customer focus and commercial excellence while shaping the future sales organization.

Breguncci, who has been a member of AMAG's Management Board since June 2019, expressed gratitude for the trust placed in him and highlighted his commitment to leading AMAG as a reliable partner for high-quality aluminum solutions. His responsibilities include Sales, Strategic Sales Development, Supply Chain Management, as well as Market Monitoring and Development. The current Management Board consists of CEO and COO Dr. Helmut Kaufmann, CFO Claudia Trampitsch, and CSO Victor Breguncci, ensuring comprehensive leadership across all critical business functions.

The contract extension signals the strategic importance of sales representation at the highest decision-making level within AMAG. By maintaining independent sales representation on the Management Board, the company ensures that customer-focused topics remain a long-term priority. This approach is particularly significant given the current market conditions and competitive pressures facing aluminum producers across Europe. The decision reflects AMAG's confidence in Breguncci's ability to navigate these challenges while maintaining strong customer relationships and driving commercial excellence.

AMAG operates as a leading Austrian premium supplier of high-quality cast and rolled aluminum products serving multiple industries including aircraft, automotive, sporting goods, and construction. The company's strategic positioning and leadership stability are crucial for maintaining its competitive edge in these demanding markets. The extension of Breguncci's contract through 2029 provides stability and continuity in sales leadership, which is essential for long-term customer relationships and strategic market development initiatives.