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Rhi Magnesita Appoints Gustavo Franco As Chief Executive Officer

PRIVATEAug 18, 2026about 4 hours ago

Position

Chief Executive Officer

Company

RHI Magnesita

Gustavo Franco
ViennaManufacturing

Description

RHI Magnesita announces the appointment of Gustavo Franco as its new Chief Executive Officer, effective 1 November 2026. He succeeds Stefan Borgas, who is stepping down after ten years. The appointment follows a comprehensive succession process and marks an important new chapter for the company.

Company Information

Company

RHI Magnesita

Location

Vienna, Vienna, Austria

About

RHI Magnesita is the leading global supplier of high-grade refractory products, systems and solutions which are critical for high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals and glass. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions, RHI Magnesita serves customers around the world, with over 20,000 employees in 67 main production sites (including raw material sites), 12 recycling facilities and more than 70 sales offices. RHI Magnesita intends to leverage its leadership in terms of revenue, scale, product portfolio and diversified geographic presence to target strategically those countries and regions benefiting from more dynamic economic growth prospects.

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