VIENNA—Semperit Group is about to embark on a search for a new CEO.
Karl Haider, executive board chairman and CEO, will not extend his term with the Austrian group when expires March 31.
Haider was appointed to the Semperit executive board in January 2022, and was chief commercial officer at Tata Steel Europe prior to that.
The decision comes after Semperit completed its transformation into an industrial elastomer specialist, said Haider announcing the decision. And the group, he added, "stands on a strong and stable foundation, and I will work with full commitment on its further profitable development until the last day."
During his tenure at Semperit, Haider has overseen the divestment of the group's medical gloves unit Sempermed and its expansion into the liquid silicone market.
Semperit said its supervisory board will start the search for a successor to Haider "immediately."
