management transition at rwa as johannes schuster succeeds reinhard wolf

RWA Raiffeisen Ware Austria is experiencing a significant leadership transition as Reinhard Wolf, the long-standing CEO and General Manager, prepares to step down on November 30, 2024.

Leadership Transition

Johannes Schuster, who has been serving as CEO of RWA since January 2024, will take over as Chairman of the Management Board starting December 1, 2024. This transition is expected to bring continuity and stability to the organization, as Schuster will lead alongside Christoph Metzker, a seasoned executive with two decades of experience at RWA.

Reinhard Wolf's Contributions

Reinhard Wolf has played a crucial role in shaping RWA and the Lagerhaus Group. He has focused on expanding agricultural operations in Central and South Eastern Europe, driving technological advancements in agriculture, and diversifying into home and garden products as well as building materials. One of his notable achievements is the acquisition of the animal feed producer PatentCo in Serbia, which expanded RWA's presence in the animal feed sector. Wolf has also led the transformation of RWA's energy sector, transitioning to renewable energy sources.

Johannes Schuster's Leadership

Johannes Schuster, with his experience as CEO since January 2024, is well-positioned to lead RWA through this transition. His collaboration with Christoph Metzker is expected to ensure a seamless continuation of the strategic initiatives set in motion under Wolf's leadership. The competent management team across all business units reassures stakeholders that RWA is prepared to navigate future challenges and pursue growth and innovation in the agricultural sector.

Strategic Pivot

The leadership change at RWA represents a strategic pivot that aligns with the evolving landscape of the agricultural industry. The company will likely focus on enhancing operational efficiency, expanding market reach, and embracing sustainable practices to meet consumer demands. This transition is a critical moment for RWA, shaping its trajectory in the years to come.

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