Ruttenstorfer leaves OMV

People ♦ Published: March 31, 2011; 01:23 ♦ (Vindobona)

The longtime CEO of OMV, Wolfgang Ruttenstorfer will pass on his position to Gerhard Roiss on April 1.

Ruttenstorfer leaves OMV / Picture: © Flickr / European Bank for Reconstruction and Development

Ruttenstorfer took over the leadership of Austria's largest industrial group in 1997; he previously served as Financial Secretary of the SPÖ.

The decision that Roiss will succeed Ruttenstorfer was already made two years ago. The formal farewell took place last night, when Ruttenstorfer was appropriately honored.

His greatest merit has been that in 2004 a majority share of…