Chairman of AT&S Management Board to Stand Down
16 September 2009
The management board appointment of Dr Harald Sommerer (42), chairman of the AT&S Austria management board, expiring on 30 June 2010, will not be extended. This is at the request of Dr Sommerer. He gives the need for new challenges – after more than 12 years of working for AT&S – as the reason for his decision. Because the executive committee of the supervisory board has been given advance notice, there will be ample time to search for a suitable successor and arrange for the smooth and orderly transfer of responsibilities.
Harald Sommerer joined AT&S as chief financial officer and member of the management board on 1 September 1997, and has been chairman of the board since 1 July 2005. In these twelve years he played a decisive part in the development of AT&S Group. AT&S’s stock exchange listing in 1999 took place during his time, as did the successful internationalisation of the group and the implementation of a coherent, long-term growth strategy. During this period AT&S transformed itself from an Austrian enterprise with three plants in Styria, 1,300 employees and annual sales of €130 million into an international business with production facilities in Austria, China, India and Korea, a total of some 5,500 staff and sales of €450 million in the financial year 2008/09.
