The publicly listed construction group Strabag SE today announced changes to its organisational structure and to its management board:
Deputy CEO Fritz Oberlerchner will resign from the management board effective 30 June 2012 to lead the Strabag 2013 ff task force charged with evaluating the Strabag Group's options regarding its organisational and strategic future. The vacant position will not be filled, reducing the size of the management board from six to five members.
The company will also be departing from the principle of assigning board member responsibility according to business segment as well as from the principle of having a technical and commercial director for each segment at the management board level and will instead assign business responsibility by region. Previously the group had been organised into the three segments Building Construction & Civil Engineering, Transportation Infrastructures and Special Divisions & Concessions.
Hans Peter Haselsteiner further announced his intention of resigning as CEO following the Annual General Meeting that will vote on the approval of the management board actions for the 2013 financial year - most likely in June 2014. As his designated successor, he will propose that the supervisory board select current management board member Thomas Birtel. The decision is welcomed and supported by the entire management board, the company informed.