Reinhard Wolf, the current Chairman of the Management Board and CEO of Raiffeisen Ware Austria AG (RWA), will be stepping down from his position on November 30.

After serving in a leadership role for many years, he will be succeeded by Johannes Schuster, who is currently the Managing Director.

Schuster will assume management duties alongside Christoph Metzker, a member of the Management Board, starting in December.

Wolf has been asked to continue his role at BayWa, the German parent company, until a new management team is appointed.

This transition comes at a time when BayWa is facing a leadership crisis, with recent departures from the CEO and CFO positions.

Wolf's commitment to BayWa highlights the ongoing challenges that the agricultural group is facing.