Semperit Extends CIO Gerfried Eder's Executive Board Term Through 2029

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. Eder, who joined the company in 2000, has served as Chief Industrial Officer since July 2023, overseeing the Industrial Applications division responsible for hydraulic and industrial hoses and profiles. His responsibilities also encompass commercial excellence, research and development, supply chain, procurement, occupational safety, environmental compliance, and quality assurance.

Cord Prinzhorn, Chairman of the Supervisory Board, stated that Eder has been a guarantor of outstanding performance for 25 years, contributing significantly to the company's development through a focus on efficiency and sales excellence. The contract extension represents continuity and a commitment to sustainable market position expansion. Eder emphasized that lean processes and innovation form the foundation of Semperit's business, enabling the company to capitalize on growth opportunities and enhance customer value through cost leadership and technological strength.

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 Semperit Industrial Applications and Semperit Engineered Applications divisions. The Industrial Applications division focuses on large-scale production items like hydraulic hoses and profiles, while the Engineered Applications division produces customized solutions including escalator handrails, conveyor belts, and cable car rings. The company, founded in 1824 and headquartered in Vienna, employs approximately 4,000 people worldwide with 16 production sites across Europe, Asia, Australia, and America. In 2024, the group reported revenue of EUR 676.6 million and EBITDA of EUR 84.9 million.

The Executive Board currently consists of Manfred Stanek as CEO, Helmut Sorger as CFO, and Gerfried Eder as CIO. This leadership stability is crucial as Semperit navigates global industrial markets, where efficiency and innovation directly impact competitiveness. The extension reflects confidence in Eder's ability to drive operational excellence and align with positive market trends, potentially strengthening Semperit's position in industries reliant on durable elastomer components. For more information, view the original release on www.newmediawire.com.