Change on HOCHTIEF Executive Board
Essen, Germany – Dr. Hans-Georg Vater (63), member of the Executive Board and CFO of HOCHTIEF Aktiengesellschaft, will retire as planned as of March 31, 2006. Against this background, the Supervisory Board of HOCHTIEF Aktiengesellschaft today appointed Dr. Burkhard Lohr (42) as new member of the Executive Board of HOCHTIEF Aktiengesellschaft for a period of five years with effect from January 1, 2006. Dr. Lohr currently is a member of the Executive Board of HOCHTIEF Construction AG.
As of April 1, 2006, Dr. Lohr will take over responsibility from Dr. Vater for the Controlling, Auditing and Tax functions. The responsibility for the Corporate Finance and Investor Relations functions will be passed on from Dr. Vater to Dr. Peter NoÃ© on October 1, 2005.
The personnel decisions required at HOCHTIEF Construction AG as a result of Dr. Lohrâ€˜s appointment will be taken by the companyâ€˜s Supervisory Board in the course of this month.