Alfred Watzl Departs STRABAG Management Board as Succession Planning Underway

Alfred Watzl Departs STRABAG Management Board as Succession Planning Underway

(IN BRIEF) Alfred Watzl, Management Board member for STRABAG SE’s South + East segment, has resigned by mutual agreement to explore new professional avenues. After 26 years with STRABAG (six on the Management Board), Watzl will support a careful transition to maintain segment performance. Supervisory Board Chair Kerstin Gelbmann thanked him for his service, and the Presidential and Nomination Committee is now organizing the succession process.

(PRESS RELEASE) VIENNA, 7-Aug-2025 — /EuropaWire/ — STRABAG SE today announced that Alfred Watzl, who has served as Management Board member for the South + East segment, will step down by mutual agreement with the Supervisory Board to pursue new career opportunities. Reflecting on 26 years with the company—including six years on the Management Board—Watzl expressed gratitude for his colleagues’ support and has pledged to facilitate a seamless handover that safeguards the segment’s momentum.

Kerstin Gelbmann, Chairwoman of the Supervisory Board, extended heartfelt thanks on behalf of the board and Watzl’s fellow executives for his long-standing dedication and contributions. The Presidential and Nomination Committee has already commenced its search for a successor to ensure leadership continuity and the continued positive trajectory of the South + East segment.

STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Our activities span all areas of the construction industry and cover the entire construction value chain. We create added value for our clients by taking an end-to-end view of construction over the entire life cycle – from planning and design to construction, operation and facility management to redevelopment or demolition. In all of our work, we accept responsibility for people and the environment: We are shaping the future of construction and are making significant investments in our portfolio of more than 250 innovation and 400 sustainability projects. Through the hard work and dedication of our approximately 86,000 employees, we generate an annual output volume of around € 19 billion.

Our dense network of subsidiaries in various European countries and on other continents extends our area of operation far beyond the borders of Austria and Germany. Working together with strong partners, we are pursuing a clear goal: to design, build and operate construction projects in a way that protects the climate and conserves resources. More information is available at www.strabag.com.

Media Contacts:

Marianne Jakl
STRABAG SE
Head of Corporate Communications
Group Spokeswoman
+43 1 22422 1174
pr@strabag.com

Marco Reiter
Head of Investor Relations
+43 1 22422 1089
marco.reiter@strabag.com

SOURCE: STRABAG SE