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Semperit Extends Gerfried Eder's Executive Board Term Through 2029, Emphasizing Continuity and Market Expansion

By NewsRamp Editorial Team

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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Semperit Extends Gerfried Eder's Executive Board Term Through 2029, Emphasizing Continuity and Market Expansion

The Supervisory Board of Semperit AG Holding has extended Gerfried Eder’s term on the Executive Board ahead of schedule for a period of 3 years until June 30, 2029. Gerfried Eder, who has been with the company since 2000, has been a member of Semperit’s Executive Board as Chief Industrial Officer (CIO) since July 1, 2023. In this role, he is responsible for the Industrial Applications (SIA) division, which includes hydraulic and industrial hoses and profiles. His area of responsibility also covers commercial excellence, R&D, supply chain, procurement as well as occupational safety, environment, and quality.

Cord Prinzhorn, Chairman of the Supervisory Board of Semperit, stated that Gerfried Eder has been a guarantor of outstanding performance for 25 years. With his clear focus on efficiency and sales excellence, he has made a significant contribution to further developing the company. The extension of his contract is a sign of continuity and the ongoing strong focus on the sustainable expansion of our market position. The company looks forward to continuing on this path together.

Gerfried Eder, CIO of Semperit, emphasized that lean processes and a high level of innovation power form the solid foundation of the business. The company can only make the most of growth opportunities and further improve its market position if it creates added value for customers. That is why Semperit continues to expand its cost leadership, technological strength, and customer focus to benefit disproportionately from positive market trends.

The Executive Board of Semperit AG Holding consists of the following three members: Manfred Stanek (CEO), Helmut Sorger (CFO), Gerfried Eder (CIO). The publicly listed Semperit AG Holding is an internationally oriented group of companies that develops, produces and sells high-quality elastomer products and applications for industrial customers in over 100 countries worldwide through its two divisions, Semperit Industrial Applications and Semperit Engineered Applications. With its highly efficient production and cost leadership, the Semperit Industrial Applications division focuses on industrial applications in connection with large-scale production, including hydraulic and industrial hoses as well as profiles. The Semperit Engineered Applications division comprises the production of escalator handrails, conveyor belts, cable car rings, other engineered elastomer products, as well as the Rico Group (liquid silicone and mold making), and focuses on customized technical solutions.

The traditional Austrian company was founded in 1824 and is headquartered in Vienna. The Semperit Group employs around 4,000 people worldwide and has 16 production sites and numerous sales offices in Europe, Asia, Australia and America. In the 2024 financial year, the Group generated revenue of EUR 676.6 million and EBITDA of EUR 84.9 million. View the original release on www.newmediawire.com.

Curated from NewMediaWire

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NewsRamp Editorial Team

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