During this year’s Annual General Meeting, on July 3, 2019, Herbert Eibensteiner officially took over the function of the Chairman of the Management Board of voestalpine AG. Herbert Eibensteiner is a highly qualified and experienced manager who looks back on a successful career. The new CEO has worked for voestalpine since 1989 and is thoroughly versed in the company’s business. Here is an overview of the new voestalpine AG Chairman’s career to date.
Herbert Eibensteiner, who succeeded Wolfgang Eder as CEO of the company today, joined the voestalpine Group exactly 30 years ago. After graduating in mechanical engineering and business management from the Vienna University of Technology (TU Wien), he started his career at the age of 26 as an engineer working in maintenance at the site in Linz. As early as 1993 he assumed management functions at voestalpine Stahl in the cold rolling mill, quality management, workplace safety, and environmental protection.
"I’m looking forward to continuing to develop the Group from this positive basis, working together with my colleagues as we proceed along our chosen path. Where we are successful, we want to improve further. We will press ahead with internationalization, work ambitiously on developing new and innovative products, and drive digitalization. We will achieve all this on a step-by-step basis."
Head of the Metal Forming Division
In 2000 Herbert Eibensteiner was appointed the Technical Director of voestalpine Krems. This was followed by further management positions in the former Profilform Division and other precursor companies to the Metal Forming Division of which he became the head when the division was founded in 2012. During this period he played a key role in the drive to internationalize the automotive segment.
Return from Krems
In 2014 Eibensteiner returned from Krems to Linz, becoming Head of the Steel Division, the Group’s largest revenue generating division. Here Herbert Eibensteiner also launched far-reaching initiatives: over a billion euros was invested in state-of-the-art production technologies. The technological basis for the coming years was laid with the construction of a new continuous casting line, the relining of blast furnaces A, 5, and 6, and the building of a hydrogen pilot plant. Eibensteiner has also been a Vice President of the European Steel Association, EUROFER, since 2014.
In June 2018 it was decided that Herbert Eibensteiner should take over as the new Chairman of the Management Board of voestalpine AG as of the Annual General Meeting 2019. This appointment became effective today.
"I’m consistent, I’m clear, and I’m fair. I’m known for the satisfaction I get from moving things in the right direction, and that’s key. By the way, that’s also what I expect from our employees."
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Our path to a green future
We are upping the pace of emissions reduction. greentec steel from voestalpine is Austria’s largest climate protection program. Starting in 2027, this program will reduce Austria’s annual CO2 emissions by almost 5%. 2024 marks the start of the partial shift from the blast furnace to the electric arc furnace (EAF) route—once unresolved funding issues in Austria are clarified.