Bloomberg News

Hochtief Solutions’ Top Two Executives to Leave on ACS Strategy

October 31, 2011

Oct. 31 (Bloomberg) -- Hochtief Solutions AG’s Chief Executive Officer Henner Mahlstedt and Chief Financial Officer Officer Heiner Helbig will use their special right of termination in connection with ACS Actividades de Construcción y Servicios S.A. exceeding the 30 percent shareholding threshold, Hochtief said in an e-mailed statement today.

“The reason for this decision are differing views about the further strategic alignment of the company,” the statemet said.

To contact the editor responsible for this story: Rajiv Sekhri at rsekhri1@bloomberg.net


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