S&T appoints two additional members to its executive board

Extended management lays solid foundation for a continuation of earnings growth

The supervisory board of S&T AG appointed Georg Komornyik and Peter Sturz to the management board with effect from January 1st 2009. The strengthening of the management team is in line with the size of the business and will secure S&T’s continued growth and ensure improved profitability.
Georg Komornyik, 42, will head the division “Business Solutions” (Consulting, Business Processes, SAP, Technology, Software Development) as a Chief Operating Officer. Komornyik has been with S&T since 2006 and was responsible for the region Germany, Austria, Switzerland. He started his career as a CIO (Frantschach, Frequentis), worked for T-Systems and later for IDS Scheer as a Managing Director for Austria. Georg Komornyik’s top priority will be the expansion of the Consulting and Software business in all S&T’s markets.

Peter Sturz, 50, will manage the division “Infrastructure Solutions” (Hard and Software, Networks, Server/Storage/Security Solutions, Outsourcing Services) as a Chief Operating Officer. Sturz has been with S&T since 2007 successfully managing the Adriatic Region (Slovenia, Croatia, Serbia, Montenegro, Macedonia, Bosnia-Herzegovina and Albania). Sturz began his career at Allgemeine Bausparkasse as a member of the board responsible for Sales, Marketing and IT. Before joining S&T he was as member of the managing board of CSC-Austria with responsibilities for Austria and Central Europe. Peter Sturz strengthens S&T’s competitive edge specifically in complex IT-projects of customers from the financial services industry.

CEO Christian Rosner and CFO Martin Bergler remain members of S&T’s executive board. Rosner will focus on strategic projects and Mergers & Acquisitions, as well as on improving earnings.

“The extension of S&T‘s board lays a solid foundation for continuing the course of growth and for further improving productivity and profitability. The new members demonstrated their capabilities and strengths in their previous positions at S&T. I am happy to identify management talent internally – it is a proof that S&T can develops excellent leadership potential within the company,” comments the chairman of the supervisory board, Thomas Streimelweger, about the new appointments.