Synopsisvoestalpine AG's Supervisory Board extends the mandates of key Management Board members, ensuring continuity and stability. Herbert Eibensteiner remains Chairman of the Management Board for another five years, steering the company towards green steel production. Hubert Zajicek and Franz Kainersdorfer's mandates are extended until 2029, recognizing their contributions. Reinhard Nöbauer joins as Head of the High Performance Metals Division. The search continues for a new Head of the Metal Forming Division, signifying voestalpine's commitment to evolving leadership and achieving future success.________________________________________ArticleIn a strategic move aimed at ensuring both continuity and fresh perspectives, voestalpine AG's Supervisory Board has made significant decisions regarding the composition of its Management Board.Herbert Eibensteiner, who has been serving as the Chairman of the Management Board of voestalpine AG, has been reappointed to this role for another five years. Eibensteiner's leadership has been instrumental in guiding the voestalpine Group through challenging times, resulting in record-breaking performance in recent years. He continues to oversee key areas such as strategy, sustainability, research and development, and mergers and acquisitions.Under his guidance, voestalpine has taken significant strides towards green steel production, particularly with the introduction of greentec steel. This ambitious transition towards sustainability, digitalization, and diversity remains a top priority for the company.Joining Eibensteiner in the extended mandates are Hubert Zajicek and Franz Kainersdorfer, both of whom will serve until 2029. Zajicek, as the Head of the Steel Division, has led the division to remarkable revenue growth since 2019, overseeing raw materials within the Group. Kainersdorfer, as the Head of the Metal Engineering Division, has managed the world's leading provider of complete railway systems since 2011, with an additional responsibility for the Group's long-term energy supply.The Supervisory Board's trust in Zajicek and Kainersdorfer's competence is evident as they continue to lead their respective divisions. Their roles are critical in shaping the future success of voestalpine.Looking forward, voestalpine AG welcomes Reinhard Nöbauer, a seasoned professional, as a Member of the Management Board and the new Head of the High Performance Metals Division from April 1, 2024. Nöbauer, a graduate of Montanuniversität Leoben and ETH Zurich, brings a wealth of experience to his new role. He has been a Member of the Management Board of the High Performance Metals Division since 2011. Nöbauer's appointment reflects voestalpine's commitment to continuity and competence.As for the position of the Head of the Metal Forming Division, currently held by Peter Schwab, the Supervisory Board is actively seeking an international industry expert to assume this role. The Metal Forming Division plays a vital role in the automotive, energy, and storage technology sectors, and this decision underscores voestalpine's determination to expand its presence in these areas.The upcoming changes in leadership reflect the company's dedication to evolving and adapting to meet the challenges and opportunities in the steel industry. The departing members of the Management Board, including Franz Rotter, Peter Schwab, and Robert Ottel, have made substantial contributions to voestalpine's success over the years, and their legacies will continue to shape the company's future.Conclusionvoestalpine AG's recent decisions regarding the extension of key Management Board mandates and the introduction of new leaders demonstrate the company's commitment to ensuring a balance of continuity and fresh perspectives. Herbert Eibensteiner's reappointment as Chairman, along with the extensions of Hubert Zajicek and Franz Kainersdorfer, signifies trust in their leadership. The arrival of Reinhard Nöbauer and the ongoing search for a Head of the Metal Forming Division signify voestalpine's determination to navigate the evolving steel industry with a skilled and visionary team.