Contact:
Sandra Grünwald
Phone: +431801911125
E-Mail: Sandra.Gruenwald@snt.at
- Neuwirth
- Gauglitz
- S&T AG
- Change in Management
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Linz (pts013/29.04.2013/09:00) - * Dieter Gauglitz to concentrate upon strategic projects and communication with capital markets
* Richard Neuwirth to become CFO as of July 1st.
Dieter Gauglitz has been CFO at S&T AG - formerly Quanmax AG - for nearly two years. Dieter Gauglitz will not extend his contract upon its expiry in summer. His new responsibilities at S&T will be selecting and managing strategic projects designed to optimize the operative business and to achieve value-driven growth. His brief will also comprise conducting intensive communication with banks and with other players on capital markets. Richard Neuwirth will take over the operative business of the company, which is headquartered in both Linz and Vienna. Dieter Gauglitz and his family live in Munich.
Hannes Niederhauser is Chairman of S&T Managing Board. He recruited Dieter Gauglitz in 2011 to work for what has become S&T AG. In the future, Niederhauser will not have to act without the services of the person who has a great store of experience in dealing with capital markets and with major projects. "We will continue to work closely together, so as to achieve the objectives set for S&T AG in the best possible way! This relationship has been laid down in a contract signed by both sides," states Hannes Niederhauser.
The changing of the guard at the position of CFO will be undertaken on step-by-step basis until July 1. This is being made possible by Richard Neuwirth's stock of experience. He is currently deputy member of S&T's Managing Board. He has been working with Dieter Gauglitz since the merger forming the new company. He has been successively assigned responsibilities during this period. Richard Neuwirth, who holds a degree in law and business administration, has been working since 2007 for S&T AG. He has had a variety of management position during this period, with them including his serving as managing director of two subsidiaries.
About S&T AG:
S&T AG (ISIN AT0000A0E9W5, WKN A0X9EJ, SANT), formerly Quanmax AG, is listed on the Prime Standard market of the Frankfurt Stock Exchange. The company has 1,500 employees, and maintains offices in 19 countries in Central and Eastern Europe. This makes S&T of the three largest providers of IT systems in the region. S&T's assets include the breadth of its portfolio of products and proprietary technologies. This portfolio is offered through Central and Eastern Europe.
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