Kapsch TrafficCom CFO Andreas Hämmerle to Depart, CEO Georg Kapsch Takes Over Finance Responsibilities

Kapsch TrafficCom CFO Andreas Hämmerle to Depart, CEO Georg Kapsch Takes Over Finance Responsibilities

(IN BRIEF) The Supervisory Board of Kapsch TrafficCom AG has decided not to extend the contract of Andreas Hämmerle, who serves as the Chief Financial Officer (CFO) and is set to remain in his role until 2024. Consequently, Georg Kapsch, the CEO of the company, will assume the finance-related responsibilities currently held by Mr. Hämmerle. Kapsch TrafficCom is a globally recognized provider of sustainable transportation solutions, specializing in areas such as tolling, tolling services, traffic management, and demand management.

(PRESS RELEASE) VIENNA, 26-Oct-2023 — /EuropaWire/ — The Supervisory Board of Kapsch TrafficCom AG has decided not to renew the Executive Board contract of Andreas Hämmerle, Chief Financial Officer (CFO) of the company, which runs until 2024. Georg Kapsch (CEO) takes over the area of responsibility for finance from Mr. Hämmerle.

Kapsch TrafficCom is a globally renowned provider of transportation solutions for sustainable mobility with successful projects in more than 50 countries. Innovative solutions in the application fields of tolling, tolling services, traffic management and demand management contribute to a healthy world without congestion.

With one-stop-shop solutions, the company covers the entire value chain of customers, from components to design and implementation to the operation of systems.

Kapsch TrafficCom, headquartered in Vienna, has subsidiaries and branches in more than 25 countries and is listed in the Prime Market segment of the Vienna Stock Exchange (ticker symbol: KTCG). In its 2022/23 financial year, about 4,000 employees generated revenues of EUR 553 million.

Media Contacts:

Carolin Treichl
Executive Vice President Marketing & Communications
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
+43 50 811 1710
carolin.treichl@kapsch.net

Sandra Bijelic
Head of Corporate Communications
Kapsch TrafficCom AG
Am Europlatz 2, 1120 Vienna, Austria
+43 50 811 1720
sandra.bijelic@kapsch.net

SOURCE: Kapsch TrafficCom AG

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