The unexpected death of Klemens Haselsteiner, the CEO of Strabag SE, has sent shockwaves through Austria's corporate world. At just 44 years old, Haselsteiner passed away on January 17, 2025, during what was reportedly supposed to be a routine stay at a health resort in Obervellach, Austria. Strabag SE, one of the largest construction companies in Europe, confirmed the news on its website, expressing deep sorrow over their leader's sudden and unexpected demise.
According to the company, "Klemens Haselsteiner has died today, January 17, 2025, suddenly and unexpectedly." A spokesperson added, "Our thoughts are with his family during this difficult time." The immediate response within the company involves other board members temporarily taking over his responsibilities, as the shock from this loss reverberates throughout the organization.
Preliminary reports suggest Haselsteiner passed away from medical complications, including natural causes. Notably, Dr. Rainer Schroth, Haselsteiner’s long-time physician, shared the heartbreak of the event, stating, "Medically speaking, we had no chance... every help arrived too late." This statement painted a grim picture of the circumstances surrounding his untimely death.
Sources close to the matter indicated he died from complications related to an aneurysm. According to comments from Dr. Schroth, "For the family, this is a tragedy of unimaginable proportions," which is reflective of the deep-seated impacts of this loss, felt by family and colleagues alike. Medical professionals described aneurysms as "tickling time bombs," underscoring the unpredictable nature of the condition.
Klemens Haselsteiner had enjoyed what many would describe as a stellar career. After studying Business Administration at the University of Chicago, he joined Strabag SE, where he was involved for over a decade, with roles spanning various countries such as Russia and Germany before making his way to the top level of management. Having been appointed to the board of Strabag SE in 2020 and chairman just two years later, he had ambitious plans already underway to make the company climate-neutral by 2040.
The Strabag corporation, which employs around 86,000 staff worldwide and reported revenues exceeding 19 billion euros, has been viewed as quite stable, making Haselsteiner's passing all the more shocking to many. The company's board recognized his practical approach and commitment to integrating sustainable practices within the construction industry, stating, "Klemens Haselsteiner has formulated the vision for Strabag — to become the strongest power, to build a brighter future. This vision was lived out and tirelessly pursued, alongside all of his colleagues."
Under his visionary leadership, Strabag made significant strides, including entering new markets and pursuing sustainability initiatives. Many viewed his impending plans for the construction giant as not just aspirational but achievable, emphasizing his commitment to social responsibility within the industry. Along with his father, Hans-Peter Haselsteiner, who is also known for his extensive contributions to the company, Klemens was positioned as a pivotal player at Strabag, representing the new generation of leadership.
The outpouring of grief from the community reflects not just the loss of the CEO but the loss of the visionary ideas he championed. Strabag's board conveyed feelings of sadness but also determination, emphasizing they would continue along the path Haselsteiner set forth. "We will always keep him fondly remembered and will carry on with the plan he laid out to improve and grow Strabag," they declared.
His family, which includes his wife and three children, must now grapple with this unexpected burden. Friends and colleagues have expressed their condolences, highlighting Haselsteiner’s inclusive approach, where every team member, no matter their position, was valued. They have echoed sentiments of loss but also of hope, emphasizing the lasting legacy of values he instilled within Strabag.
There is widespread recognition within the Austrian business community of Klemens Haselsteiner's contributions. His unexpectedly shortened life has become not just about mourning but also about celebrating his achievements and the vision he had for the future. Some speculate on who will fill the leadership void now left at Strabag, as the company will undoubtedly need to pivot and redirect its efforts to maintain its course.
The tragic and sudden nature of Haselsteiner's passing has led many to reflect on the unexpected nature of life and the delicate fabric of time which weaves together moments of joy, achievement, and loss. His legacy at Strabag as both a dedicated leader and devoted family man is sure to resonate for years to come.