New Chief Financial Officer: Christina Johansson succeeds Klaus Patzak

July 06, 2018

There has been a change in the Bilfinger Executive Board. Christina Johansson (52) will become Chief Financial Officer as of December 1, 2018. Johansson succeeds Dr. Klaus Patzak (53), whose request for an early termination of his contract as of September 30, 2018 and to step down from his position as CFO and Member of the Executive Board has been accepted by the Supervisory Board of Bilfinger SE.

'We regret the termination of Klaus Patzak's contract which occurs by best mutual agreement. We would like to thank him for the tremendous accomplishments he reached in the successful repositioning of Bilfinger', says Dr. Eckhard Cordes, Chairman of the Supervisory Board at Bilfinger. 'At the same time, we have been able to attract an experienced financial expert with Christina Johansson. She will help to drive the company's build-up and build-out phases forward. In the months of October and November, CEO Tom Blades will assume additional responsibility for the CFO role'.

Klaus Patzak has been Chief Financial Officer at Bilfinger since October 1, 2016. During his term in office, he developed the Strategy 2020 together with the Executive Board and employees and, through his initiative, made a significant contribution to the progress and stabilization of the company.

In the past years, Christina Johansson served as Chief Financial Officer of Bucher Industries Group. Previously, she held the same position at service provider SR Technics. From 2007 until 2014, she worked in a range of senior finance positions with engineering and service provider Pöyry. She has held other leadership posts in the packaging industry, among other sectors, and in internal auditing.

Outlook for financial year 2018 once again confirmed

On February 14 at its Annual Press Conference, Bilfinger issued its outlook for the 2018 financial year. The forecast remains unchanged and is once again confirmed.