Herbert Ortner announces to resign as CEO of Palfinger AG

Press Wire ♦ Published: November 8, 2017; 09:38 ♦ (Vindobona)

After more than 16 years in the management of the PALFINGER AG, respectively close to 15 years in the managements board and close to 10 years as Chief Executive Officer, Herbert Ortner informed the Supervisory Board today that he does not intend to prolong his contract that terminates by the end of the year 2018. Therefore, Herbert Ortner aggreed with the Nomination Comittee of the Supervisory Board to terminate his position as of December 31st, 2017 and to organize a smooth handover in the upcoming weeks. After that time, Herbert Ortner will act as a counsellor to the Palfinger family.

Herbert Ortner announces to resign as CEO of Palfinger AG / Picture: © Vindobona.org

"I am happy to have developed PALFINGER to a global leader of our industry. We
achieved this in close cooperation with a professional management team and the
Supervisory Board. I am convinced that the PALFINGER Group is in a perfect
competitive position and that the professional management team will achieve a
great performance in the years to come", comments the…

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