Peter Krammer becomes the new CEO of SWIETELSKY in 2023

Peter Krammer, who was recently on the board of STRABAG SE, will take over as CEO of Swietelsky AG from Karl Weidlinger starting April 2023.

Since 2009, for 13 years, graduate engineer Karl Weidlinger has shaped the Linz construction company SWIETELSKY and led it to become one of the three industry leaders in Austria. This highly successful era, during which the traditional company has more than doubled its construction output and successfully expanded in all sectors, is now coming to an end. This expansion was never Weidlinger's primary goal, as he repeatedly emphasized his credo of "sustainable deepening of value creation with caution and foresight." He is now planning the retirement-related handover of his responsibilities for more than 3 billion euros in construction output and around 12,000 employees in 19 countries. The succession is already arranged.

Lasting Achievements of Karl Weidlinger

Chairman of the Supervisory Board Dr. Günther Grassner praises the achievements of the outgoing CEO: "Karl Weidlinger is characterized by extraordinary expertise and equally pronounced strategic skills. His connecting demeanor has sustainably shaped the company both internally and externally." A particular success attributed to Weidlinger is the acquisition and successful integration of significant parts of the insolvent ALPINE about nine years ago. At that time, SWIETELSKY's market position improved sustainably, and around a thousand jobs were secured.

Well-prepared and collaborative handover

To ensure that the handover can take place in the best possible way, Weidlinger's successor is already determined: Dipl.-Ing. Dr. Peter Krammer is known to all industry experts as a top manager of STRABAG. He earned his doctorate in 1995 at the Faculty of Civil Engineering at the Technical University of Vienna. He then gained professional experience at Porr Technobau AG, STRABAG, and SWIETELSKY until he returned to STRABAG AG, Austria, in 2005. As a member of the board, he was responsible for the construction and civil engineering sector in Eastern Europe and for environmental technology across the group. Since January 1, 2010, Peter Krammer has been a member of the board of STRABAG SE. On January 1, 2023, he will join the board of Swietelsky AG and take over as CEO on April 1. Until then, Karl Weidlinger will remain in his position and focus on an orderly handover to Peter Krammer.

One of the most prominent managers in Europe's construction industry

Swietelsky AG has secured one of the most prominent managers in the European construction industry as its next CEO. Chairman of the Supervisory Board Günther Grassner stated: "Peter Krammer is not only the most qualified person for this number-one position, but as a returnee, he is also well-networked within the company. With him at the helm, Swietelsky AG will maintain its proven course of solid prosperity." He can certainly count on the ideas and full commitment of all employees.

Great challenges and much optimism

Peter Krammer is looking forward to the new role, especially since SWIETELSKY was already a significant station in his career in earlier times. Coming back soon after important and formative experiences and shaping the company in a leading position fills him with pride. "We need to seize the opportunities of digitalization, offer innovative responses to climate change, and adapt our business models to the demands of the times," says Peter Krammer as the designated CEO of Swietelsky AG. He himself is full of optimism that this will succeed together.