Both managing directors will retire on December 31, 2014: Irmtraud Pawlik will leave the company after a career of more than 30 years in VAW and Hydro and will retire, and Dr. Stefan Kästner will concentrate on his position as plant manager for the large rolling mill Grevenbroich in the future.

Effective January 1, 2015, the management of Hydro in Germany will again consist of two managing directors: Dr. Pascal Wagner, in addition to his position as head of the Lithography, Automotive & amp; Heat Exchanger will act as spokesman for the management, and Volker Backs, head of the sourcing business unit, will become labor director.