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Dr. Lütkestratkötter retires from Hochtief

Dr. Lütkestratkötter, long-time Chairman of the Executive Board of Hochtief Aktiengesellschaft, will retire from the services of the company as of the end of the General Shareholders' Meeting on May 12, 2011 by mutually amicable agreement. He will be succeeded by Dr. Frank Stieler who has already been a member of the Executive Board since March 2009.

The Supervisory Board has elected Dr. Stieler (52) as Chairman of the Executive Board of the company as of the end of the company's General Shareholders' Meeting on May 12, 2011. The trained lawyer has been heading the new division Hochtief Europe and has in this role been responsible for approximately EUR 3.3 billion in sales and some 16,000 employees.



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