Gerhard Gerstmayr joins the Management Board of the voestalpine High Performance Metals Division

2 May 2022 |

Gerhard Gerstmayr (39) from Upper Austria has been a member of the Management Board of the voestalpine Group's High Performance Metals Division since April 1, 2022, succeeding Gerhard Lichtenegger, who has resigned from the Management Board. Gerstmayr, who was most recently Technical Managing Director of voestalpine BÖHLER Aerospace, is a member of the five-member Management Board of the division, responsible for areas including sustainability and the circular economy, research and development, and aerospace. The High Performance Metals Division specializes in the production and processing of tool and special steels, for example for the global automotive, energy and aerospace industries, and generated revenue of EUR 2.3 billion in the business year 2020/21 with around 12,600 employees.

In Gerhard Gerstmayr, we have been able to recruit a young yet experienced manager from our own ranks to join the Executive Board team of the High Performance Metals Division. With his extensive expertise in the aerospace industry, Gerhard Gerstmayr will make an important contribution to actively advancing our division's technology leadership in this segment in particular.

Franz Rotter, Member of the Management Board of voestalpine AG and Head of the High Performance Metals Division

In addition to Head Franz Rotter and new addition Gerhard Gerstmayr, Robert Bauer (Production), Reinhard Nöbauer (Sales and Value Added Services) and Markus Potzinger (Finance) form the divisional board.

After completing his doctorate at the University of Leoben, Gerstmayr began his career in 2010 as Product Manager for engines, structural parts and energy products at the former Böhler Schmiedetechnik GmbH & Co KG (now: voestalpine BÖHLER Aerospace GmbH & Co KG). From 2014 he was Head of Marketing and Sales, before taking over the technical management of voestalpine BÖHLER Aerospace in 2020. Together with Commercial Director Thomas Kornfeld, Gerstmayr steered the company through the beginning of the COVID-19 pandemic and thus one of the most challenging times in the aerospace industry. Gerstmayr is handing over his responsibilities to Devrim Caliskanoglu, Managing Director of sister company voestalpine BÖHLER Profil GmbH, who will temporarily head both companies. Gerstmayr will remain Chairman of the Supervisory Board of voestalpine BÖHLER Aerospace.

In my new role as a member of the Executive Board of the High Performance Metals Division, I am delighted to be able to play a key role in shaping the future of our division together with our outstanding team. Consistent further development and innovation will be crucial here - also in view of the current economic and political challenges.

Gerhard Gerstmayr, Member of the Management Board of the High Performance Metals Division of the voestalpine Group

Born in Linz, he is married and has four children. He spends his free time with his family and in nature.

High Performance Metals Division

The voestalpine Group's High Performance Metals Division focuses on the production and processing of high-performance materials and customer-specific services such as heat treatment, high-tech surface treatment and additive manufacturing processes with increasing use of digital technologies. It offers its customers material availability and processing as well as local contacts through its unique sales and service network at around 140 locations worldwide. The division is the global market leader in tool steel and one of the leading suppliers of high-speed steels, valve steels and other products made from special steels, powder materials, nickel-based alloys, titanium and components, including those based on additive manufacturing technologies. The most important customer segments are the automotive supply industry, oil and gas exploration, mechanical engineering, the consumer goods industry and aviation. In the 2020/21 financial year, the division generated sales of around EUR 2.3 billion, of which around 50% was generated outside Europe, an operating result (EBITDA) of EUR 214 million and employed around 12,600 people worldwide.

The voestalpine Group

voestalpine is a globally leading steel and technology group with a unique combination of materials and processing expertise. voestalpine, which operates globally, has around 500 Group companies and locations in more than 50 countries on all five continents. It has been listed on the Vienna Stock Exchange since 1995. With its premium products and system solutions, it is a leading partner to the automotive and consumer goods industries as well as the aerospace and oil & gas industries; it is also the world market leader in railway systems, tool steel, and special sections. voestalpine is fully committed to the global climate goals, and its greentec steel program represents a clear plan for decarbonizing the production of steel. In the business year 2020/21, the Group generated revenue of EUR 11.3 billion, with an operating result (EBITDA) of EUR 1.1 billion; it had about 48,700 employees worldwide.