GRAZ -- ANDRITZ and Domenico Iacovelli have mutually agreed upon amicable terms for his resignation effective December 31, 2023. He has played a key role on the Executive Board, overseeing Metals business area.

"We sincerely thank Domenico Iacovelli for his commitment and excellent performance, particularly in the successful restructuring of the Schuler Group, its strategic development into battery technology for the electric vehicle industry and ANDRITZ's entry into the green hydrogen market. I wish him all the best in the next phase of his career," says Joachim Schönbeck, President and CEO of ANDRITZ GROUP.

Effective January 1, 2024, Joachim Schönbeck will assume the Executive Board responsibilities previously held by Mr. Iacovelli.

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