29.08.2008 | Austria

Auer von Welsbach joins S&T Supervisory Board

One of the major shareholders takes an active role

Dr. Wolfgang Auer von Welsbach has joined the S&T Supervisory Board. This was agreed today at an S&T extraordinary general meeting. His AvW Group currently owns around 27% of the company’s stock and he will apply in his new role his market know-how in order to contribute to the company’s further positive development.
“We are delighted with the commitment of one of our key shareholders in our Supervisory Board,” says Christian Rosner, S&T CEO. During an extraordinary general meeting held on 29th August 2008, Dr. Auer von Welsbach was elected onto the S&T Supervisory Board for a period that extends until the annual general meeting at which the 2011 financial year will be signed off. In 1991 he founded the AvW Group, where he has since been the Chairman of the Board. Headquartered in Krumpendorf am Wörthersee, the company has since become one of Austria’s most successful and profitable investment companies. The AvW Group currently holds around 27% of S&T’s stock. Dr. Wolfgang Auer von Welsbach: “As a Supervisory Board member I can contribute the AvW Group’s expertise to S&T and provide personal input to the management.”

In addition to Dr. Auer von Welsbach, the S&T Supervisory Board is comprised of the following members: Ing. Mag. Thomas Streimelweger (Chairman) and Univ.-Prof. Dr. Reinhard Moser (Vice Chairman), as well as Dkfm. Dr. Franz Jurkowitsch, DDr. Karl Michael Millauer, Ing. Karl Nigl, Dr. Ernst Nonhoff and Dr. Kurt Waniek.
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Caption: Dr. Wolfgang Auer von Welsbach
Copyright: AvW