During a supervisory board meeting of voestalpine AG, Gerald Mayer was appointed to the management board. Starting on 1 April 2024, he will take over as Chief Financial Officer (CFO). His term of duty, as is the usual case for first-time appointments, will last for three years. Gerald Mayer is the successor to Robert Otter, who will not extend his current tenure and will leave the company at the end of March 2024.
With Gerald Mayer, a veteran financial expert with experience in international industry will join the voestalpine management board at the beginning of the 2024/25 financial year.
Wolfgang Eder, Chairman of the Supervisory Board of voestalpine AG, says:
“We are happy to have gained a highly experienced and competent financial director in Gerald Mayer. He is joining voestalpine during a time of commotion. Our switch to green steel production while we continue to carry out our technology-oriented downstream strategy at the same time comes with enormous challenges. I am confident that Gerald Mayer will use his comprehensive knowledge to make sure that voestalpine will remain financially stable in future.
Gerald Mayer says:
“I am very happy about the opportunity to help shape the strategy of voestalpine AG, starting in April in my new function as CFO, and thus also to drive the big issues like sustainability and the decarbonisation of steel production forward. voestalpine has achieved an excellent financial position and business results over the recent years.
I want to continue this successful approach together with CEO Herbert Eisensteiner and the other members of the management board, in spite of the significantly increased economic challenges of our times. For me personally, this delightful challenge came at the right time.”
Gerald Mayer began his professional career as a tax consultant with ICON Wirtschaftstreuhand GmbH in Linz before holding different leadership positions with VA Technologie AG, subsequently taken over by Siemens VAI. During this time he was also responsible for integrating the finance department during the takeover of VA Tech by Siemens.
Since 2007, Gerald Mayer has been responsible for financing, controlling, corporate accounting and legal affairs as CFO of the internationally operating company AMAG Austria Metall AG. In 2019, he was also appointed Chairman of the Management Board. Gerald Mayer is married and the father of three daughters.