10.07.2008

Palfinger appoints new CFO

Palfinger AG has appointed a new chief financial officer - Christoph Kami - effective from 1st January 2009. Kaml is presently in charge of the financial matters of the Palfinger group in North America.

As previously reported, outgoing CEO Wolfgang Anzengruber will transfer his responsibilities as the Group’s CFO to the new CEO, Herbert Ortner, at the end of August 2008. Ortner who will hold office as CFO on an interim basis until Christoph Kaml moves into the Palfinger headquarters at the beginning of the year 2009.

The 34-year old Salzburg-born Christoph Kaml started his career with Gemini Consulting. Before joining Palfinger in 2004, he was a proxy holder at an M&A consulting company in Switzerland.

In 2006, he changed from Palfinger Corporate Development to
the management of the North America sales area where he has been in charge of finances, strategy, and business development ever since.

“We have found an ideal match with Christoph Kaml as the new CFO. He is perfectly suited for this office, knows the Palfinger Group from the inside and is highly familiar with the specific traits of the Group”, explains Alexander Exner, Chairman of the Supervisory Board.