Curated News
By: NewsRamp Editorial Staff
December 11, 2025
Semperit Secures Leadership, Extends CIO Gerfried Eder's Contract to 2029
TLDR
- Semperit AG Holding extends CIO Gerfried Eder's contract until 2029, reinforcing cost leadership and market position to capitalize on growth opportunities in industrial elastomer products.
- Gerfried Eder's extended role as CIO at Semperit oversees industrial hoses, R&D, supply chain, and quality, ensuring lean processes and innovation for operational excellence.
- Semperit's contract extension for Gerfried Eder promotes continuity and sustainable market expansion, fostering long-term stability and value creation for customers and employees worldwide.
- Semperit, founded in 1824, employs 4,000 people globally and generated €676.6 million in revenue in 2024, showcasing its enduring industrial legacy.
Impact - Why it Matters
This news matters because leadership stability is a critical indicator of a company's strategic health and future performance, especially for a publicly traded industrial group like Semperit. For investors and market analysts, the early contract extension for a key executive like Gerfried Eder signals strong internal confidence and a commitment to a consistent, long-term strategy focused on efficiency, innovation, and market expansion. For customers and partners in industries reliant on hydraulic hoses, industrial profiles, and engineered elastomers, it assures continuity in supply chain management, R&D direction, and quality standards. In a competitive global manufacturing landscape, such stability can translate into more reliable partnerships and sustained product development, potentially influencing investment decisions and industry dynamics within the industrial applications sector.
Summary
In a significant move demonstrating confidence in its leadership, Semperit AG Holding has announced the early extension of Gerfried Eder's term on the company's Executive Board. The Supervisory Board has renewed his contract for three years, securing his role as Chief Industrial Officer (CIO) until June 30, 2029. Eder, a company veteran since 2000 who joined the Executive Board in 2023, oversees the critical Industrial Applications (SIA) division. This division is responsible for the company's core products, including hydraulic and industrial hoses and profiles. His extensive portfolio also encompasses commercial excellence, research and development, supply chain management, procurement, and the vital areas of occupational safety, environment, and quality.
The decision underscores the board's trust in Eder's strategic direction. Cord Prinzhorn, Chairman of the Supervisory Board, praised Eder as a "guarantor of outstanding performance for 25 years," highlighting his focus on efficiency and sales excellence as key drivers in the company's development. Prinzhorn framed the contract extension as a signal of continuity and a sustained commitment to expanding Semperit's market position sustainably. In his own statement, Eder emphasized the foundational role of lean processes and innovation. He articulated a clear strategy centered on creating customer value to capitalize on growth opportunities, stating the company's intent to strengthen its cost leadership, technological prowess, and customer focus to gain a disproportionate advantage from favorable market trends.
This leadership continuity comes as Semperit, a traditional Austrian company founded in 1824 and headquartered in Vienna, solidifies its global operations. The publicly listed group, which operates the Semperit Industrial Applications and Semperit Engineered Applications divisions, serves industrial customers in over 100 countries with high-quality elastomer products. With approximately 4,000 employees worldwide and 16 production sites, the company reported robust 2024 financials, including revenue of EUR 676.6 million and EBITDA of EUR 84.9 million. The Executive Board now comprises Manfred Stanek (CEO), Helmut Sorger (CFO), and the newly confirmed Gerfried Eder (CIO). For further details, the original release can be viewed on www.newmediawire.com.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Semperit Secures Leadership, Extends CIO Gerfried Eder's Contract to 2029
