ANDRITZ AG: Mark von Laer appointed as new Chief Financial Officer

Graz, Februay2, 2017.The ANDRITZ AG Supervisory Board appointed Mark von Laer as new Chief Financial Officer.

As of March 1, 2017, Mark von Laer will be heading the Controlling, Treasury, Order and Project Financing, Legal, and Compliance group functions. As before, Wolfgang Leitner, President & CEO of ANDRITZ AG, will be responsible for Manufacturing, Information Technology, Human Resources, Internal Auditing,Investor Relations, and Corporate Communications.

Mark von Laer, born in 1969 and holder of an MBA from Embry-Riddle Aeronautical Universityin Daytona Beach, USA, was most recently Chief Financial Officer at LürssenWerft GmbH& Co KG, Germany. In the course of his professional career – Mark von Laer has held management positions with financial responsibility at KraftanlagenGruppe in Munich and at Lurgi Group – he has been able to gather comprehensive know-how and expertise in project business.

The other Executive Board members of ANDRITZ AG remain unchanged. As from March 1, 2017, the
ANDRITZ AG Executive Board will thus consist of five members: Wolfgang Leitner (President & CEO), Humbert Köfler, Mark von Laer, Joachim Schönbeck, and Wolfgang Semper.

The Chairman of ANDRITZ AG’s Supervisory Board, Christian Nowotny, is very pleased that “Mark von Laer, a financial manager with a great deal of international experience in project business, is joining the
ANDRITZ AG Executive Board.”



ANDRITZ is a globally leading supplier of plants, equipment, and services for hydropower stations, the pulp and paper industry, the metalworking and steel industries, and for solid/liquid separation in the municipal and industrial sectors. The publicly listed technology Group is headquartered in Graz, Austria, and has a staff of approximately 25,500 employees. ANDRITZ operates over 250 sites worldwide.