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Executive Board

Alfred Stern, *1965

Date of initial appointment: April 1, 2021
End of the current period of tenure: August 31, 2026
Chairman of the Executive Board and Chief Executive Officer

Alfred Stern was in charge of the Chemicals & Materials segment until January 31, 2023, with Daniela Vlad joining the Executive Board on February 1, 2023 and taing over this responsibility.

Alfred Stern has been Chairman of the Executive Board and Chief Executive Officer of OMV Aktiengesellschaft since September 2021. Prior to joining the OMV Group in April 2021 as Board Member for the Chemicals & Materials segment, he was CEO of Borealis since July 2018. During his 14 years at Borealis, Alfred Stern held a series of other executive positions at Borealis, and before his appointment as CEO of Borealisas Board Member for the Polyolefins and Innovation & Technology divisions. He started his career at DuPont de Nemours, which led to extensive international experience in Switzerland, Germany, and the US across the spectrum of Research and Development, Sales and Marketing, and Quality and Business Management.

Alfred Stern studied at the Montanuniversität Leoben in Austria. He holds a PhD in Material Science and a Master’s in Polymer Engineering and Science.

Functions in major subsidiaries of the OMV Group

 

 

Company

Function

OMV Petrom S.A.

President of the Supervisory Board

Borealis AG

Chairman of the Supervisory Board (until April 18, 2023)

OMV Downstream GmbH

Managing Director (until January 31, 2023)

Reinhard Florey, *1965

Date of initial appointment: July 1, 2016
End of the current period of tenure: June 30, 2025
Chief Financial Officer

Reinhard Florey headed the Energy segment on an interim basis from January 1, 2023, to February 28, 2023, after which Berislav Gaso became an Executive Board member on March 1, 2023 and took over this responsibility.

Reinhard Florey graduated in mechanical engineering and economics from Graz University of Technology while also completing his music studies at the University of Music and Performing Arts Graz. He started his career in corporate and strategy consulting.

From 2002 to 2012, he worked in various positions worldwide for Thyssen Krupp Steel. Prior to his appointment to the Executive Board of OMV his most recent post was as Chief Financial Officer and deputy Chief Executive Officer of Outukumpu Oyj.

Functions in major subsidiaries of the OMV Group

 

 

Company

Function

OMV Petrom S.A.

Member of the Supervisory Board

OMV Petrom Global Solutions SRL

President of the Supervision Body

Borealis AG

Member of the Supervisory Board

SapuraOMV Upstream Sdn. Bhd.

Chairman of the Board of Directors (from January 1, 2023 to March 8, 2023)

OMV Downstream GmbH

Managing Director (from January 1, 2023 to February 28, 2023)

OMV Exploration & Production GmbH

Managing Director (from January 1, 2023 to February 28, 2023)

OMV Austria Exploration & Production GmbH

Chairman of the Supervisory Board (from January 1, 2023 to March 8, 2023)

Functions in companies not included in the consolidated financial statements

 

 

Company

Function

Bayport Polymers LLC

Member of the Board of Non-Executive Directors (since June 21, 2023)

Wiener Börse AG

Member of the Supervisory Board

Alfred Umdasch Privatstiftung

Member of the Foundation Baord

Daniela Vlad, *1970

Date of initial appointment: February 1, 2023
End of the current period of tenure: January 31, 2026
Executive Board member for the Chemicals & Materials business segment.

Romanian-born Daniela Vlad holds a Master’s degree in Chemical Engineering from the Technical University of Timisoara in Romania and a cum laude Master in Business Administration from Twente University in the Netherlands. Following her studies, she held management positions at Shell and Philips, and most recently was responsible for key global businesses at AkzoNobel, including Powder Coatings and Industrial Coatings.

Thanks to her many years of international experience in the chemicals industry and in leading strategic transformations, Daniela Vlad combines chemical and financial know-how with experience in the field of sustainable technical solutions.

Functions in major subsidiaries of the OMV Group

 

 

Company

Function

Borealis AG

Chairwoman of the Supervisory Board (since April 19, 2023)

OMV Downstream GmbH

Managing Director (since February 1, 2023)

Functions in companies not included in the consolidated financial statements

 

 

Company

Function

Borouge PLC

Member of the Board of Non-Executive Directors (since June 6, 2023)

Martijn van Koten, *1970

Date of initial appointment: July 1, 2021
End of the current period of tenure: June 30, 2026
Executive Board member for the Fuels & Feedstock business segment.

Martijn van Koten was born in the Netherlands, where he studied chemical engineering at Delft University of Technology.

He began his professional career at Shell in 1994, taking on several management and technical positions in the refining and downstream business in the UK, Germany, and the Netherlands. Starting 2004, Martijn van Koten assumed the General Manager positions at the Shell production facilities in Sweden and Singapore, before becoming Vice President Manufacturing East & Middle East in Singapore in 2009 and Vice President Supply & Distribution Americas in the USA in 2013.

In 2013, Martijn van Koten joined Borealis in Austria as Executive Board Member Operations, HSE & PTS. From 2018 to June 2021, he was the Borealis Executive Board member for the Base Chemicals & Operations business segment. 

Functions in major subsidiaries of the OMV Group

 

 

Company

Function

OMV Petrom S.A.

Deputy Chairman of the Supervisory Board

Borealis AG

Member of the Supervisory Board

OMV Downstream GmbH

Managing Director

Functions in companies not included in the consolidated financial statements

 

 

Company

Function

Abu Dhabi Oil Refining Company (Takreer)

Member of the Board of Non-Executive Directors

Berislav Gaso, *1974

Date of initial appointment: March 1, 2023
End of the current period of tenure: February 28, 2026
Executive Board member for the Energy business segment

Berislav Gaso holds a Master’s degree in Mechanical Engineering from the Technical University of Munich, Germany, and a PhD in Business Administration from the University of St. Gallen, Switzerland. After working as a junior partner at McKinsey & Company, he held various management positions in the MOL Group. Before he joined OMV, he was Executive Vice President in charge of the MOL Group’s Exploration & Production division.

Functions in major subsidiaries of the OMV Group

 

 

Company

Function

OMV Petrom S.A.

Member of the Supervisory Board (since March 17, 2023)

SapuraOMV Upstream Sdn. Bhd.

Chairman of the Board of Directors (since March 9, 2023)

OMV Downstream GmbH

Managing Director (since March 1, 2023)

OMV Exploration & Production GmbH

Managing Director (since March 1, 2023)

OMV Austria Exploration & Production GmbH

Chairman of the Supervisory Board (since March 9, 2023)

Working practices of the Executive Board

The approval requirements, responsibilities of individual Executive Board members, decision-making procedures, and the approach to conflicts of interest are governed by the Internal Rules of the Executive Board. The Executive Board holds meetings at least every two weeks to exchange information and issue decisions on all matters requiring plenary approval.