OMV Supervisory Board: Confirmation of Ruttenstorfer as CEO

People ♦ Published: November 25, 2010; 11:15 ♦ (Vindobona)

Being accused to insider trading, the other members of the board as well as the supervisory board demonstrated to have confidence in CEO Dr. Wolfgang Ruttenstorfer.

OMV Supervisory Board: Confirmation of Ruttenstorfer as CEO / Picture: © Flickr / European Bank for Reconstruction and Development

Since the investigations became public, the Supervisory Board has been kept informed about the latest developments and in particular about the outcome of these investigations. The Supervisory Board will continue to closely monitor the proceedings and collect further information if necessary.

The Supervisory Board’s decision has been taken on the basis of numerous reputable…