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Press release

PORR: Claude-Patrick Jeutter nominated as member of the management board

Vienna, 31.08.2023 – The nomination committee of the supervisory board has nominated today Claude-Patrick Jeutter as member of the management board and COO of PORR AG as of 1 January 2024. The corresponding resolutions are to be passed at the supervisory board meeting on 21 September 2023. Josef Pein will take his well-earned retirement at the turn of the year and will resign from his position as member of the management board with effect as of 31 December 2023.

"With this step, we are ensuring an orderly succession in PORR's top management body," explains CEO Karl-Heinz Strauss. "I would like to thank Josef Pein for his decades of commitment and enormous expertise, with which he has managed our operating business in Austria, Switzerland and Romania. I am pleased to now fill the management board position internally with the experienced and technically skilled top manager Claude-Patrick Jeutter."

As a member of the management board of PORR AG, Stuttgart-born Jeutter will be responsible for the operating segment Germany as well as Romania. "I am already looking forward to this exciting task and to making my contribution to PORR's continued success in these markets," says Jeutter. Following the departure of Josef Pein, the segment AT / CH will be the responsibility of CEO Karl-Heinz Strauss.

Growth in infrastructure projects

Only this week, PORR was able to report a considerable increase of +25% in new orders in the first half of 2023 as well as further growth in the order backlog and in production output. Claude-Patrick Jeutter now has a lot to look forward to: In Germany in particular, PORR expects a significant increase in infrastructure tenders in railroad construction, tunnel construction and also in projects for the energy transition. In Romania, too, PORR's order books are already filled with infrastructure projects for the next two to three years.

Claude-Patrick Jeutter (54) graduated in civil engineering from the University of Stuttgart in 1995. He began his career at Müller-Altvatter GmbH & Co. KG, Stuttgart. Until 2019, he held managing director and management board positions at various construction companies in Germany. Since 2019, he has held a management position with PORR Group and is currently responsible for PORR's Germany division as a member of the board of managing directors of PORR Management GmbH.



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Melanie Manner Press spokeswoman