13th January 2023

Press Release – Change of management Paul Wurth S.A.

Luxembourg, 13 January 2023 – The SMS group management board has appointed André Schneider as new CEO of the SMS group Region Europe. At the same time, he will be taking over the position as CEO of Paul Wurth S.A. in Luxembourg from Georges Rassel. SMS group has offered Georges Rassel another job within the group.

Georges Rassel has been with Paul Wurth as the global leader in ironmaking technology since 1988, when he graduated as Civil Engineer. After working as an engineer in the “Bridges and Structures – General Contracting” department, he pursued his career in the metallurgy department. After joining Paul Wurth’s management team as COO in 2011, Georges Rassel took over as CEO in 2015 and has led the company towards becoming the leading partner for the decarbonization of ironmaking plants. At the same time, he has orchestrated the successful integration of Paul Wurth into the SMS group, which started in 2012.

Burkhard Dahmen, CEO of SMS group: “We express our sincere thanks to Georges Rassel. Georges has been with Paul Wurth for many years, building trustful and lasting relationships with customers worldwide, and demonstrating that Paul Wurth is the global leader in ironmaking technology. He can be proud of having successfully steered Paul Wurth into the age of sustainable iron and steel production.”

His successor André Schneider has been with SMS group for many years and in various functions such as Executive Vice-President of Forging plants business and as CEO of the SMS group Region CIS. His focus will be on fully exploiting the market potential for green steel projects in the region Europe and he will continue to drive R&D activities on decarbonization from Luxembourg together with the Paul Wurth management team.

see also related press release: Georges Rassel joins Paul Wurth S.A.’s board of directors