HPW Metallwerk positions itself for further growth in the field of e-mobility with new chief financial officer

HPW Metallwerk positions itself for further growth in the field of e-mobility with new chief financial officer

Linz, 1 February 2023 – HPW Metallwerk GmbH (HPW), a manufacturer of high-performance copper wires for e-mobility, wind power and other industrial applications, has a new chief financial officer (CFO) in Michael Guger since February 1, 2023. He succeeds Peter Geisler.

Michael Guger has long term experience in the finance sector of technology and industry companies. Before joining HPW, he worked for many years as Head of Treasury at an international automotive supplier. There he built up a global treasury and managed several M&A projects. For the US subsidiaries of the group, he was also responsible for the service center with the areas of finance accounting and IT for several years.

Dr Ewald Koppensteiner, CEO of HPW: “With Michael Guger we have been able to gain a finance expert with international experience and extensive knowledge of the automotive industry as head of our finance division. With him, we are well positioned for HPW’s further growth and continued expansion in the areas of e-mobility and renewable energies. I would like to thank Peter Geisler, our previous CFO, for the good and trusting cooperation over the past years.”

Michael Guger, CFO of HPW: “HPW specializes in future technologies around e-mobility and energy production, which are in high demand. I can ideally contribute my expertise in finance and controlling in the automotive and technology sector to the company. I am therefore looking forward to new professional tasks in an innovative, international environment and to joint success.”

HPW, High Performance Wires, is a technology company that develops and produces key components for the global energy transition. HPW's high-performance copper wires are mainly used in e-mobility and in the field of renewable energies. The products are characterized by high efficiency, resilience, and durability, thus increasing the efficiency of electric motors, for example. HPW is an established partner for customers worldwide - including major global OEMs as well as Tier 1 suppliers - in over 50 countries. HPW has the capacity to meet the ever-increasing global demand for high-performance wires. Based on patented technology and continuous innovation, HPW is constantly achieving further performance advantages and opening up additional application possibilities for its products. The company is headquartered in Linz, Austria.

www.hpwires.com

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