Semperit chief executive Martin Füllenbach steps down

Vienna – Semperit AG Holding’s chief executive officer Martin Fuellenbach has prematurely resigned from his mandate 'in order to pursue a new professional  challenge,' the Austrian group announced 29 Sept.

At the same time, Petra Preining, who was appointed as the CFO in May for a one-year period, was confirmed in her function and has been given an executive board contract that runs until 31 Dec 2024. 

In addition, the executive board mandate of COO Kristian Brok was also extended early until 31 Dec 2025. 

Preining and Brok will take over the responsibilities of the CEO on an interim basis until the position is filled, Semperit said.

“This will ensure the continuation of our course, stability and further focus the attention on the industrial sector,” said Herbert Ortner, chairman of the supervisory board of Semperit AG Holding.

He described Preining and Brok as “two very experienced members of the executive board with close ties to the company.”

Fuellenbach was appointed as Semperit’s CEO in June 2017 and has since completed a major turnaround at the Austrian group, delivering 14 consecutive quarters of increased profitability.

Martin Füllenbach studied economics and business organisation in Munich, and subsequently gained his doctorate in financial sciences in Nuremberg.

“Martin Fuellenbach has transformed Semperit into a successful group in the past four and a half years,” said Ortner. 

“We greatly regret his departure but must respect his personal motives and wish him all the best for his professional and private future,” he added.