Steyr Motors AG (ISIN AT0000A3FW25), a global leader in customized engines for mission-critical defense and civil applications, announced plans to appoint new members to its Supervisory Board. The company is proposing Rolf Wirtz and Gerhard Schwartz, two experienced industry and capital market experts, as new members at the Annual General Meeting on 10 April 2026.
The move follows the sale of the entire stake by former major shareholder Mutares SE & Co. KGaA in November 2025, which led to the departure of previous Supervisory Board members Dr. Christian Klingler and Fabian Schlegel, both representatives of Mutares. Their terms will end at the close of the Annual General Meeting.
Rolf Wirtz brings extensive defense industry experience, having served as CEO of TKMS until 2022. His background in international industrial management is expected to support Steyr Motors in expanding its business in military and civil sectors. He is designated to chair the Supervisory Board. Gerhard Schwartz, a financial expert with a long career as an auditor and tax advisor, most recently as managing partner at EY, will head the audit committee. His expertise will aid the company in strengthening financial and control functions to support further growth.
Additionally, the company proposes the re-election of Alexander Fitzka, Investment Manager of the B&C Group, who has been on the Supervisory Board since August 2025.
Julian Cassutti, CEO of Steyr Motors, stated: 'I am delighted to continue to have a highly qualified and experienced Supervisory Board at my side with the newly proposed Supervisory Board members, who will provide the company with the best possible support and supervision as it takes its next steps towards growth. I would like to express my sincere thanks to the outgoing Supervisory Board members for their open and trusting cooperation for the benefit of the company.'
The Annual General Meeting will be held on 10 April 2026 at 10 a.m. in Steyr. Relevant documents are available on the Steyr Motors AG website in the Investor Relations section at ir.steyr-motors.com.
Headquartered in Steyr, Austria, Steyr Motors AG specializes in high-performance customized special engines with high power density and durability, used primarily in military special vehicles, boats, and as auxiliary power units for main battle tanks and locomotives.
