22.06.2004 – 09:26

VA Technologie AG

euro adhoc: VA Technologie AG
Management Changes
Dr. Hanno Bästlein new CFO of VA Technologie AG (E)

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.

The Chairman of the VA TECH Supervisory Board, Dr. Peter Michaelis,
announced that the Supervisory Board has appointed Dr. Hanno Bästlein
as the new CFO of VA TECH. 
Bästlein succeeds Dr. Roland Scharb, whose contract expires at the
end of June. Hanno Bästlein’s appointment to the VA TECH Board will
officially come into effect on 1 October 2004; until then, he will
serve the company as a consultant. Klaus Sernetz, the designated new
Chairman will act as interim CFO until Hanno Bästlein assumes his
responsibilities.
Commenting on the appointment of the new CFO, Dr Michaelis said,
"With the concurrence of the designated Chairman of the Board, Klaus
Sernetz and his deputy Gerhard Falch, we are pleased to be able to
fill the CFO position with a renowned financial expert who has
extensive experience in our field. The other members of the VA TECH
Board will remain as before: Klaus Brenner, chairman of the Board at
VA TECH T&D and Christian Habegger, Chairman of the Board at VA TECH
HYDRO. Now we’ve got an excellent team at the helm to successfully
steer the VA TECH Group into the future."
After completing his banking apprenticeship, Hanno Bästlein (41)
studied economics at the University of Witten/Herdecke and also
attended Stanford University, California. He started his career in
1992 at Ico, a medium-sized plant engineering company, as assistant
to the executive management and later became the commercial director.
In 1994 he joined Hochtief AG and from 1995 onwards, as a member of
the management, was responsible for the commercial activities at the
Head Office in Rhein-Ruhr. He served as CEO of one of the company’s
affiliates, Streif AG, in 1998. In 1997, he received his doctorate
from the Albert-Ludwigs University in Freiburg. In 1999 he
established a Controlling and M&A division for the Hochtief group.
From May 2000 to the end of 2002 he served as speaker of the
executive board at Hochtief International before becoming Financial
Director in 2003 at Plus, an international trading company. 
Dr. Hanno Bästlein is married and has two children.

end of announcement        euro adhoc 22.06.2004

Further inquiry note:

Bettina Pepek
Press Officer
bettina.pepek@vatech.at
Phone: 0043 1 89100 3400

Branche: Technology
ISIN: AT0000937453
WKN: 093745
Index: ATX, ATX Prime, WBI
Börsen: Wiener Börse AG / official dealing
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade