Early extension of Management Board contracts


At its meeting on November 19, 2015, the Supervisory Board of AMAG Austria Metall AG passed a unanimous resolution to implement an early extension of the Management Board contracts of Chief Financial Officer Gerald Mayer and Chief Technology Officer Helmut Kaufmann until December 31, 2019.


"With this decision, we aim mainly to ensure continuity in the implementation of our strategic growth program," notes Josef Krenner, Supervisory Board Chairman at AMAG Austria Metall AG.


Helmut Wieser will remain Chief Executive Officer, having performed this role since April 2014. The allocation of responsibilities within the Management Board is unchanged.





About the AMAG Group

AMAG is a leading Austrian premium supplier of high-quality aluminium cast and flat rolled products for highly varied industries such as the aircraft, automotive, sports equipment, lighting, mechanical engineering, construction and packaging industries. The Canadian smelter Alouette, in which AMAG holds a 20 % interest, produces high-quality primary aluminium while safeguarding an exemplary eco-balance.


EXECUTIVE BOARD of AMAG Austria Metall AG, fltr: CFO Gerald Mayer, CEO Helmut Wieser, CTO Helmut Kaufmann
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