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Alfred Stern Leaves OMV in Summer 2026: End of an Era of Change
Alfred Stern, CEO and Chairman of the Executive Board of OMV, will not extend his contract beyond August 31, 2026. The 60-year-old top manager announced this decision to the Chairman of the Supervisory Board, Lutz Feldmann. This marks the end of a term of office characterized by far-reaching strategic upheavals, geopolitical challenges, and ambitious sustainability goals.
Stern, one of the most high-profile managers in Austrian industry, is leaving OMV - and leaving behind a profoundly transformed company that increasingly wants to position itself as a European player in the post-fossil energy world. / Picture: © OMV Aktiengesellschaft
The resignation came as a surprise, but the signal is clear: Alfred Stern, Chairman of the Executive Board and CEO of the partly state-owned energy group OMV, will not be available for a further term of office when his current contract expires in August 2026. The OMV Supervisory Board reacted with regret to Stern's retirement announcement. “We are losing a CEO with a clear vision and…
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