Reinhard Wolf, the long-serving Chairman of the Management Board and CEO of Raiffeisen Ware Austria (RWA), will be leaving his role at the end of November 2024. Johannes Schuster, who has been leading RWA since January 2024, will officially take over as Chairman of the Board of Management and CEO on December 1, 2024. This leadership transition marks an important change for RWA, a key player in the Austrian warehouse cooperative sector.
Under Wolf's leadership, RWA has achieved significant growth and innovation. He has expanded agricultural operations into Central and South Eastern Europe, positioning RWA as a major player in the region. RWA has also embraced technology and diversified its offerings in the home and garden sectors, as well as building materials and logistics.
One of Wolf's notable achievements has been the acquisition of the animal feed producer PatentCo in Serbia, the largest acquisition in RWA's history. This move has expanded RWA's presence in the animal feed market and paved the way for the establishment of a globally active animal feed holding company. Wolf has also led efforts to transition RWA's energy sector to renewable sources, reflecting the organization's commitment to sustainability.
As Johannes Schuster takes over, he will be joined by Christoph Metzker, who has been with RWA for two decades and has served on the Board of Management since 2020. Together, they will lead the Austrian warehouse cooperative, ensuring continuity and stability during this leadership transition. The incoming management team will build on the foundation established by Wolf, leveraging the expertise of the existing management teams across RWA's divisions.
Michael Göschelbauer, Chairman of the Supervisory Board of RWA, has expressed confidence in Schuster's ability to continue the organization's legacy. The emphasis on a competent management team reflects a strategic approach to leadership that prioritizes experience and expertise in navigating the complexities of the agricultural and energy markets.
As RWA enters this new chapter, it is well-positioned to tackle future challenges and opportunities. With a strong management team and a clear strategic vision, RWA aims to enhance its market presence and continue its commitment to innovation and sustainability. This leadership transition represents a pivotal moment for RWA as it adapts to the evolving landscape of the agricultural and energy sectors.