Financial Executive Preining Departs from AT&S, Intel's Manufacturer, Ahead of Schedule
AT&S, a leading Austrian circuit board manufacturer, is on the hunt for a new Chief Financial Officer (CFO) following the announcement of Petra Preining's departure, effective August 31, 2025.
Preining joined the company in October 2022, after leaving Semperit, and has led the finance department since then. Her decision to leave comes after a successful tenure that included the completion of a refinancing process, a significant positive financial milestone for the company [4].
Preining's predecessor, Simone Faath, stepped down in October 2021 for personal reasons. Faath's departure was announced with immediate effect at the time.
In the interim, senior managers from the Finance, Controlling, and Legal departments are temporarily assuming the CFO duties while the Supervisory Board has commissioned a leading international executive search agency to identify a suitable successor [1][5].
The company has shown a positive trend in the first quarter of 2025, suggesting stable or improving performance during this period. However, detailed financial results such as revenue or profit figures for the latest quarters have not been provided explicitly.
AT&S reported a loss in the first quarter of 2025/26, despite an increase in revenue. This loss was attributed to price pressure and setup costs for new plants in Malaysia and Austria [2].
Supervisory board chairman Andy Mattes expressed gratitude for Preining's work and achievements at AT&S. He also regretted her decision to leave [3]. The supervisory board has agreed to a mutual contract termination with Preining, but no further details about this have been disclosed.
In addition to the search for a new CFO, AT&S is also setting up new plants in Malaysia and Austria [6].
[1] - Supervisory Board Commissions International Recruitment Firm to Find Successor for CFO Position [2] - AT&S Reports Loss in First Quarter of 2025/26 Despite Increase in Revenue [3] - Supervisory Board Regrets Petra Preining's Decision to Leave [4] - Petra Preining's Tenure Included Successful Completion of Refinancing Process [5] - Interim CFO Duties Handled Internally While Search for New CFO Continues [6] - New Plants being Set Up in Malaysia and Austria
The industry is searching for a new Chief Financial Officer at AT&S, a leading Austrian circuit board manufacturer, following Petra Preining's departure from the finance department of the company, effective August 31, 2025. This vacancy arises after a successful tenure during which Preining led the financial aspects of the business and completed a refinancing process, a significant positive financial milestone for the company.
