Supervisory Board of OMV prolongs the nomination of CEO Rainer Seele as well as of the Executive Board member Johann Pleininger and appoints Pleininger as deputy Chairman of the Executive Board

In today’s meeting, the Supervisory Board of OMV Aktiengesellschaft confirmed Rainer Seele (56) as the Chairman of the Executive Board and CEO of OMV. The term of office of Rainer Seele has been extended by two years until June 30, 2020. This extension option was included in the original contract. Rainer Seele has been Chairman of the Executive Board and CEO of OMV since July 1, 2015.

In the Supervisory Board meeting, Johann Pleininger (55) was also confirmed as OMV Executive Board member responsible for Upstream (exploration & production). Furthermore, today Pleininger was appointed as deputy Chairman of the Executive Board as of July 1, 2017. The term of office of Johann Pleininger has been extended by two years until August 31, 2020. This extension option was included in the original contract. Johann Pleininger has been an OMV Executive Board member responsible for Upstream (exploration & production) since September 1, 2015.

Chairman of the OMV Supervisory Board, Peter Löscher: "The positive performance of OMV is the result of the company's new strategic direction as implemented by the Executive Board. The Supervisory Board welcomes the opportunity to continue the cooperation with the Chairman of the Executive Board Rainer Seele and the other members of the OMV Executive Board".
 

Background information:

OMV Aktiengesellschaft
OMV is producing and marketing oil & gas, innovative energy and high-end petrochemical solutions – in a responsible way. With Group sales of EUR 19 bn and a workforce of around 22,500 employees in 2016, OMV Aktiengesellschaft is one of Austria’s largest listed industrial companies. In Upstream, OMV has a strong base in Romania and Austria and a balanced international portfolio. 2016 daily production stood at approximately 311,000 boe/d. In Downstream, OMV has an annual refining capacity of 17.8 mn tonnes and approximately 3,800 filling stations in 11 countries (including Turkey) as of end of 2016. OMV operates a gas pipeline network in Austria and gas storage facilities in Austria and Germany. In 2016, gas sales volumes amounted to 109 TWh.