Austrian Multinational Company Loses Current CEO

PeopleOther ♦ Published: May 3, 2021; 07:45 ♦ (Vindobona)

The Austrian multinational corporation OMV has announced that its current CEO, Rainer Seele, will end his term in June 2022. Only recently, criticism against OMV and Seele have increased. Find out more about how his end at OMV and the criticism relate.

The OMV headquarters in Vienna will soon see a new person at the helm of the company. / Picture: © Wikimedia Commons / DanielZanetti / CC BY 3.0 (https://creativecommons.org/licenses/by/3.0)

OMV's Chairman of the Management Board and CEO Rainer Seele announced that he will not exercise the extension option for another year. The current term of office will thus automatically end on June 30, 2022. …