Semperit AG Holding Expands Management Board

Vienna, (PresseBox) - Declan Daly (47) was appointed by the Supervisory Board to serve as a Member of the Management Board of Semperit AG Holding for a period of three years effective June 1, 2014.

Declan Daly will assume responsibility for all IT operations, general process optimisation and business excellence. Declan Daly most recently held the position of Vice President for Europe at Western Union Financial Services, a global financial services provider, and also worked for many years in the field of financial services on behalf of General Electric Corporation, including the position of CEO of GE Money Bank in Vienna. Declan Daly previously served as project manager for process automation at Asea Brown Boveri in Ireland and Austria. He received his Bachelor's degree in electronic engineering at Dublin City University and completed an MBA program at INSEAD Business School in Fontainebleau.

As a result, the Management Board of Semperit AG Holding will consist of four members starting on June 1, 2014: Thomas Fahnemann (Chairman of the Management Board and Chief Executive Officer - CEO), Johannes Schmidt-Schultes (Chief Financial Officer - CFO), Richard Ehrenfeldner (Chief Technical Officer - CTO) and Declan Daly (Chief Information Officer- CIO).

Semperit AG Holding

The publicly listed company Semperit AG Holding is an internationally-oriented group that develops, produces, and sells highly specialised rubber and plastic products for the medical and industrial sectors: examination and surgical gloves, hydraulic and industrial hoses, conveyor belts, escalator handrails, construction profiles, cable car rings, and products for railway superstructures. The headquarters of this long-standing Austrian company, which was founded in 1824, are located in Vienna, and the global R & D centre is in Wimpassing, Lower Austria. The Semperit Group employs more than 10,000 people worldwide, including more than 7,000 in Asia and more than 700 in Austria. The Group has 22 manufacturing facilities worldwide and numerous sales offices in Europe, Asia, and America. In 2012 the group generated sales of EUR 829 million and an EBITDA of EUR 109 million.

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