Marc Solvi joins the Managing Board of SMS Siemag AG

Marc Solvi, CEO of Paul Wurth S.A., has been appointed to the Managing Board of SMS Siemag AG with effect from January 1, 2013.

The takeover of the majority share of 59.1 percent in Paul Wurth by SMS Holding GmbH was finalized on December 17, 2012.

Marc Solvi will continue to be in charge of the management of Paul Wurth. Furthermore, he will work with Dr. Guido Kleinschmidt, a member of the Managing Board of SMS Siemag AG, to coordinate the co-operation between Paul Wurth and SMS Siemag.

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