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HOCHTIEF Announces Change on the Executive Board of HOCHTIEF Concessions - Reiner Schränkler, Chairman of the Executive Board of HOCHTIEF Concessions AG and CEO of HOCHTIEF AirPort GmbH, will leave the company by mutual agreement - HOCHTIEF.de
HOCHTIEF Announces Change on the Executive Board of HOCHTIEF Concessions

 

PRZOOM - /newswire/ - Essen, Germany, 2012/04/30 - Reiner Schränkler, Chairman of the Executive Board of HOCHTIEF Concessions AG and CEO of HOCHTIEF AirPort GmbH, will leave the company by mutual agreement - HOCHTIEF.de.

   
 
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Reiner Schränkler (48), Chairman of the Executive Board of HOCHTIEF Concessions AG and CEO of HOCHTIEF AirPort GmbH, will leave the company by mutual agreement in order to take on new challenges.

In view of the dissolution of the Concessions division, the integration of the PPP business into HOCHTIEF Solutions AG, and given the fact that HOCHTIEF has the strategic goal to divest its airports business, perspectives cease to exist for further developing the business models which Mr. Schränkler has pushed ahead with great success to date. The Executive Board of HOCHTIEF thanks Mr. Schränkler for his long years of valuable work.

About HOCHTIEF

HOCHTIEF Aktiengesellschaft (hochtief.com) is the eighth-largest provider of construction-related services in the world and market leader in Germany. With more than 75,000 employees and a sales volume of EUR 23.28 billion in FY 2011, the company is represented in all the world's major markets. 92 percent of this output was generated abroad.

 
 
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Agency / Source: HOCHTIEF AG

 
 

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HOCHTIEF Announces Change on the Executive Board of HOCHTIEF Concessions

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HOCHTIEF AG |
Contact: Christian Gerhardus - HOCHTIEF.de 
+49 201 824-2642 presse[.]hochtief.de
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any HOCHTIEF AG securities in any jurisdiction including any other companies listed or named in this release.

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