Supervisory Board Decides on Managing Board Responsibilities

5/11/2010Vienna

In today’s meeting, Verbund’s Supervisory Board took the decision not to replace Christian Kern, who will take over as managing director of ÖBB from 7 June 2010.

His responsibilities will be assigned to the three remaining board members Wolfgang Anzengruber, Chairman of the Board; Johann Sereinig, Deputy Chairman; and Ulrike Baumgartner-Gabitzer, Member of the Board.

In today’s meeting of the Supervisory Board a decision was taken to assign the Managing Board responsibilities as follows: In future, international shareholdings will come under the department of CEO Wolfgang Anzengruber; the power grid will be assigned to Ulrike Baumgartner-Gabitzer; and the thermal generation sector will be taken over by Deputy Chairman Johann Sereinig.

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