At its meeting the Supervisory Board of HOCHTIEF Aktiengesellschaft unanimously elected Juan Santamaria Cases as HOCHTIEF's new Chief Executive Officer (CEO). The 44-year-old succeeds Marcelino Fernandez Verdes, who has led the company since November 2012, as of July 20.

Pedro Lopez Jimenez, Chairman of the HOCHTIEF Supervisory Board: 'The change at the top of HOCHTIEF is part of a structured succession planning process. Juan Santamaria has many years of international industry experience in various business segments.'

Juan Santamaria Cases has been a member of the Group for many years. Most recently, he served as CEO of CIMIC from February 2020 until May 2022 and as Executive Chairman of CIMIC since November 2020. Since May 2022, he has been CEO of ACS, where he began his career in 2002 after studying civil engineering in Madrid.

Predecessor Marcelino Fernandez Verdes had been a member of the Group Executive Board since April 2012 and Chairman of the Executive Board since November 2012. He was also CEO of CIMIC from March 2014 to October 2016, and Executive Chairman of CIMIC from June 2014 to November 2020. From May 2017 to May 2021, he was a member of the Board of Directors of ACS as CEO. Mr. Fernandez Verdes will continue to work for the ACS and HOCHTIEF Group as Chairman of Abertis.

HOCHTIEF sincerely thanks Mr. Fernandez Verdes for his outstanding contribution to the good development of the Group during his more than 15 years with HOCHTIEF as Supervisory Board Member and CEO.

Contact:

dr Bernd Putter

HOCHTIEF

Senior Vice President Corporate Communications

Group Spokesman

Alfredstrasse 236

D-45133 Essen

Tel: +49 201 824-2610

E: bernd.puetter@hochtief.de

(C) 2022 Electronic News Publishing, source ENP Newswire