Wolfgang Leitner

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Wolfgang Leitner (born 27 March 1953) is an Austrian billionaire and former CEO of Andritz AG, an Austrian plant engineering company. Leitner was born in 1953 in Graz, Austria. His father was a metal worker at Andritz AG. In 1978, Leitner received a doctorate in chemistry from the University of Graz. 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 Pharma together with his former classmate Martin Bartenstein, who would later become a mininister in the Austrian government. Genericon Pharma's Hungarian subsidiary Pharmavit achieved great success with effervescent tablets and generic drugs. In 1995, the company was bought by the US pharmaceutical group Bristol Myers Squibb for US$110 million. Leitner joined Andritz AG as chief financial officer in 1987.