Gerald Mayer to become new CFO at voestalpine AG from April 1, 2024

by David Fleschen

At its meeting today, the Supervisory Board of voestalpine AG appointed Gerald Mayer to its Management Board. He will take over as CFO from April 1, 2024. His term of office is three years, as with all initial appointments. Gerald Mayer replaces Robert Ottel who has not extended his mandate and will leave voestalpine AG at the end of March 2024.

Gerald Mayer will join the voestalpine Group’s Management Board at the start of the business year 2024/25, as a proven finance expert with international industry experience. We are delighted to have succeeded in appointing such an experienced and competent CFO as Gerald Mayer. He comes to voestalpine during turbulent times. The transition to green steel production, while consistently following our technology-focused downstream strategy, brings with it huge challenges. I am convinced that Gerald Mayer will draw on his extensive expertise to ensure that voestalpine remains on a solid financial footing going forward", says Wolfgang Eder, Chairman of the Supervisory Board of voestalpine AG

“In my new role as CFO I very much look forward to playing a role in shaping voestalpine AG strategy, to drive the company’s efforts towards sustainability and decarbonizing steel production. Over the past years, voestalpine has positioned itself well financially and has generated outstanding results. I look forward to successfully continuing along this path together with CEO Herbert Eibensteiner and the Management Board team, also in a significantly more difficult economic environment. Personally, this wonderful challenge has come at exactly the right time,” says Gerald Mayer.

The economics graduate started his professional career as a tax consultant at ICON Wirtschaftstreuhand GmbH in Linz, before progressing through a series of management roles at VA Technologie AG and later Siemens VAI. One of his responsibilities during this period was the financial integration following VA Tech’s acquisition by Siemens. Since 2007, Gerald Mayer has been CFO at international AMAG Austria Metall AG, responsible for financing, controlling, group accounting, and legal affairs. In 2019, he was also appointed the company’s CEO. Gerald Mayer is married and has three daughters.

Source and Photo: Voestalpine

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