Mark von Laer, who has been CFO of Andritz AG since March 1, 2017, will leave Andritz AG at the end of 2019. The Supervisory Board has appointed Norbert Nettesheim as his successor, effective as of December 1, 2019.

Norbert Nettesheim was born in 1962 and has a degree in business administration from the University of Cologne. He has extensive experience in project business and spent by far the greater part of his career in managerial positions with increasing responsibility at the Voith Group, including the position of commercial director in various group companies and most recently as head of Group Controlling, Accounting and Investments at Voith GmbH & Co. KGaA.

The positions of the other Executive Board members of Andritz AG remain unchanged.