Semperit appoints new CFO

Vienna – Semperit AG Holding has appointed Frank Gumbinger as chief financial officer (CFO) for three years, the Austrian medical and industrial rubber products maker announced 1 Dec.

Gumbinger, whose appointment run until 31 Dec 2019, he will take over responsibility for IT area, in addition to accounting, controlling, tax, treasury, investor relations, internal audit, risk management and legal.

Gumbinger was previously CFO of Progroup AG after holding various management roles at the Delton Group, most recently as CFO of the publicly listed CEAG AG. In each case as CFO, he was also responsible for IT.

“With Frank Gumbinger we have won a renowned top manager for Semperit AG Holding. The Semperit Group will profit from his comprehensive expertise in the financial sector and his long-standing international experience,” said Veit Sorger, chairman of Semperit.

The new CFO “perfectly complements the Management Board in order to ensure the positive future development of the Semperit Group even in challenging times,” Sorger added.

As announced in September this year, the previous CFO Johannes Schmidt-Schultes and chief information officer (CIO) Declan Daly decided not to extend their mandates and resigned from their positions as of 30 Nov.

As of 1 Dec, Semperit’s management board comprises: Thomas Fahnemann, chairman and CEO; Frank Gumbinger, CFO; Michele Melchiorre, CTO; and Richard Ehrenfeldner (COO).