The Supervisory Board of ANDRITZ Group has unanimously approved a five-year extension of the contract of President and CEO Dr. Joachim Schonbeck, now running until April 2032. The decision, announced on March 4, 2026, extends Schonbeck's mandate beyond its original end in April 2027, providing long-term leadership continuity for the international technology group.
Schonbeck joined the ANDRITZ Executive Board in 2014 and became CEO in 2022. During his tenure, the company has strengthened its strategic positioning, expanded its portfolio in key growth markets, and advanced innovation with a focus on decarbonization, digitalization, and customer service. According to Wolfgang Leitner, Chairman of the Supervisory Board, the extension reflects full confidence in Schonbeck's ability to combine sustainable growth with improved profitability, ensuring stability for customers, employees, and shareholders.
The extension comes as ANDRITZ continues to navigate global industrial shifts toward sustainability and digital transformation. The company's emphasis on solutions for the green transition and highest industrial performance aligns with its long-term vision. Schonbeck expressed gratitude for the trust placed in him, noting the honor of working with the team for the benefit of stakeholders.
ANDRITZ, headquartered in Graz, Austria, employs about 30,000 people at 280 locations in over 80 countries. The group provides advanced plants, equipment, services, and digital solutions for industries including pulp and paper, metals, hydropower, and environmental sectors. The press release and an image of Schonbeck are available for download at andritz.com/news.
The board's decision underscores the importance of consistent leadership in executing ANDRITZ's strategy of growth driven by sustainable solutions. As the company pushes forward with initiatives in decarbonization and digitalization, Schonbeck's extended tenure is expected to provide the stability needed to achieve these goals. This move signals to the market that ANDRITZ is committed to its long-term vision under proven leadership.
