The Supervisory Board of VERBUND AG today appointed Stefan Waldner (49) as Chief Financial Officer (CFO) and a member of the Management Board. His appointment is for a two-year term, with an option to extend it for a further two years.

Waldner brings more than 20 years of experience in the international energy industry, with extensive expertise in financing, capital markets and M&A. He currently holds a Senior Vice President position in OMV’s finance function. His previous roles include CFO of OMV Petrol Ofisi in Türkiye and CFO and Executive Board member of OMV Petrom in Romania. He began his career at Merrill Lynch International in London and joined OMV in 2005.

“Stefan Waldner combines capital markets expertise with operational CFO experience in the energy industry. He is well placed to support VERBUND’s strategy and maintain its financial strength,” said Martin Ohneberg, Chairman of the Supervisory Board of VERBUND AG.

Edith Hlawati, CEO of ÖBAG and member of the Nomination Committee, said: “We are delighted to have found a candidate who is a 100% match for the advertised profile. I am even more pleased that we were able to fill this important key position from within ÖBAG’s portfolio companies.”

“I look forward to working with my fellow Management Board members and our employees to implement VERBUND’s strategy, with a focus on sound financing and disciplined capital allocation,” said Stefan Waldner.

Waldner succeeds Peter Kollmann, who stepped down on August 31, 2026. Until Waldner takes office, CEO Michael Strugl will continue to oversee the finance portfolio. The Supervisory Board thanks him for assuming this additional responsibility.