Bilfinger SE is appointing Klaus Patzak as Chief Financial Officer (CFO), as of 1 October.
He succeeds Axel Salzmann, who requested an early termination of his contract.
'Bilfinger has been able to gain an experienced industry manager and capital markets expert in Klaus Patzak. He successfully shaped the initial public offering of Osram and, as Chief Financial Officer, restructured Osram AG and made it viable for the future. He also served in a number of management functions at Siemens AG, most recently as Head of Accounting and Controlling for the entire group,' commented Eckhard Cordes, chairman of the Supervisory Board at Bilfinger.
Salzmann was Bilfinger CFO since April 2015, and became interim CEO in May-June 2016.