VIENNA—Semperit A.G. Holding has appointed Frank Gumbinger as chief financial officer for three years, the Austrian medical and industrial rubber products maker announced Dec. 1.
Gumbinger, whose appointment runs through Dec. 31, 2019, will take over responsibility for IT area, in addition to accounting, controlling, tax, treasury, investor relations, internal audit, risk management and legal.
Previously, Gumbinger served as CFO of Progroup A.G. after holding various management roles at the Delton Group, most recently as CFO of the publicly listed CEAG A.G. In each case as CFO, he was also responsible for IT.
“With Frank Gumbinger, we have won a renowned top manager for Semperit A.G. Holding," Veit Sorger, chairman of Semperit said. "The Semperit Group will profit from his comprehensive expertise in the financial sector and his long-standing international experience."
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, the previous CFO Johannes Schmidt-Schultes and chief information officer Declan Daly decided not to extend their mandates and resigned from their positions as of Nov. 30.
As of Dec. 1 Semperit's management board is comprised of: Thomas Fahnemann, chairman and CEO; Frank Gumbinger, CFO; Michele Melchiorre, CTO; and Richard Ehrenfeldner.