Semperit announces Karl Haider will not extend his contract

Vienna, Austria – Karl Haider informed the Chairman of the Supervisory Board of Semperit AG Holding that he will not be available for an extension of his Executive Board mandate, which expires on March 31, 2025. Karl Haider, who was appointed to the Executive Board on January 11, 2022, will continue to exercise his function as Chairman of the Executive Board until the end of his current mandate.

“The Semperit Group has successfully completed its transformation into the leading elastomer specialist for the industry. With its two powerful divisions, it stands on a strong and stable foundation, and I will work with full commitment on its further profitable development until the last day. After a total of 15 years as a senior manager and board member in international corporations, I would like to have more time for my family after my current mandate expires and devote more time to non-executive tasks in future,” explains Karl Haider.

Thomas Cord Prinzhorn, Chairman of the Supervisory Board of Semperit AG Holding: “The
Semperit Group is looking back on a successful operational realignment, which serves as an optimal platform for further growth, is financially strong and has a broad-based management team that will continue to drive the expansion of the business. On behalf of the entire Supervisory Board, I would like to thank Karl Haider, who was the driving force behind the transformation of the company with the milestones of the sale of the medical business and the expansion into the fast-growing liquid silicone market and who will continue to drive forward all important projects with his usual vigor until he hands over the chairmanship of the Executive Board.”

The Supervisory Board will start the search for a successor to Karl Haider immediately.