Wolfgang Leitner

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Wolfgang Leitner
Born1953 or 1954 (age 70–71)[1]
NationalityAustrian
EducationUniversity of Graz
TitleCEO, Andritz AG
Term1994-2022
Spousemarried
Children2

Wolfgang Leitner (born 1953) is an Austrian billionaire and former CEO of Andritz AG, an Austrian plant engineering company.[1]

Early life[edit]

Leitner was born in 1953 in Graz. His father was a metal worker, who worked for Andritz AG.[1] He received a doctorate in Chemistry[2] from the University of Graz, Austria in 1978.[3]

Career[edit]

After university Leitner worked in research for Vianova, an Austrian subsidiary of Hoechst AG. In 1981, he started working as a management consultant for McKinsey. In 1986, he founded the pharmaceutical company Genericon[2] together with his former classmate Martin Bartenstein, who would later become an Austrian Minister. Genericon’s Hungarian subsidiary Pharmavit achieved great success with effervescent tablets and generic drugs.[3] In 1995 the company was bought by the US pharmaceutical group Bristol Myers Squibb for USD 110 million.[1][4]

Leitner joined Andritz AG as Chief Financial Officer in 1987. In 1994, he became Chief Executive Officer.[2] In 1999, when Andritz AG was sold, Leitner acquired a 26 percent stake.[1] In July 2021, Joachim Schönbeck was appointed as Leitner's successor as CEO of Andritz AG starting in April 2022. Leitner subsequently moved to the Supervisory Board.[4][5]

Private life[edit]

Leitner is married, with two children, and lives in Graz, Austria.[1]

Leitner made the 2024 Forbes Billionaires List with an estimated wealth of USD 2.7 billion, which made him the sixth richest in Austria and 1238th richest person in the world.[6]

Honours[edit]

References[edit]

  1. ^ a b c d e f "The World's Billionaires: Wolfgang Leitner". Forbes. Retrieved 6 February 2017.
  2. ^ a b c Luisa Kroll (20 November 2012). "Son Of A Machine Fitter Is New Austrian Billionaire". forbes.com. Retrieved 11 May 2024.
  3. ^ a b "Wolfgang Leitner". munzinger.de. Retrieved 11 May 2024.
  4. ^ a b Thomas Jäkle. "Andritz – Global Player im Anlagenbau für Kraftwerke, Automobil, Zellstoff und Kläranlagen aus Graz". trend.at. Retrieved 12 May 2024.
  5. ^ "Andritz: Leitner geht nach 27 Jahren als Chef". steiermark.orf.at. 30 July 2021. Retrieved 12 May 2024.
  6. ^ "Forbes Billionaires 2024". forbes.com. Retrieved 12 May 2024.
  7. ^ Werner Bühringer (24 January 2007). "Lowe GGK für den "trend"-Mann des Jahres". derstandard.at. Retrieved 13 May 2024.
  8. ^ Barbara Gigler (26 November 2015). "TU Graz ehrt Trio". pressearchiv.tugraz.at. Retrieved 13 May 2024.
  9. ^ Mario Lugger (11 January 2024). "Wolfgang Leitner mit Erzherzog-Johann-Award ausgezeichnet". ots.at. Retrieved 13 May 2024.