Reinhard Mayr, CEO of RLB Tirol, will retire in May 2025 after 46 years, with Thomas Wass succeeding him. In Upper Austria, Reinhard Schwendtbauer will take over as CEO of RLB Oberösterreich on May 1, 2025. Additionally, Gabriele Kinast will join the RLB Tirol Board in January 2025, while board members Ariane Pfleger and Florian Stryeck will continue for another five years from October 2025.
Reinhard Wolf, CEO of RWA Raiffeisen Ware Austria, will depart on November 30, 2024, to focus on his role at BayWa, with Johannes Schuster succeeding him. Wolf has been instrumental in RWA's growth and innovation, particularly in expanding agricultural business and renewable energy initiatives.
BayWa plans to downsize by 2027, seeking fresh capital from shareholders to support its restructuring efforts amid significant debt exceeding €5 billion. The company aims to streamline operations, cut jobs, and sell parts of its business, while retaining its four divisions. Major shareholders, including Bayerische Raiffeisen-Beteiligungs AG and Austrian Raiffeisen Agrar Invest, are expected to contribute to a planned capital increase in 2025.
Reinhard Wolf, the long-standing Chairman and CEO of RWA Raiffeisen Ware Austria, will depart at the end of November 2024, transitioning to focus on his role at BayWa. Johannes Schuster, who has been CEO since January 2024, will succeed him on December 1, 2024, alongside Christoph Metzker. Wolf's tenure saw significant advancements, including the expansion of agricultural operations in Central and South Eastern Europe and a major acquisition in Serbia.
Reinhard Wolf will step down as Chairman of the Management Board and CEO of Raiffeisen Ware Austria AG on November 30, succeeded by Johannes Schuster in December. Wolf plans to focus on his role at BayWa, where he will assist until a new management team is appointed amid ongoing challenges.
Reinhard Wolf, the long-serving Chairman and CEO of Raiffeisen Ware Austria (RWA), will depart from the company on November 30, 2024. Johannes Schuster, currently a member of the Board of Management, will succeed him, allowing Wolf to focus on his responsibilities at BayWa.
Johannes Schuster has been appointed Chairman of the RWA Management Board, succeeding Reinhard Wolf, who will focus on his role at Baywa. Schuster, CEO since January 2024, will lead RWA alongside Christoph Metzker, ensuring the company's continued success with a strong management team in place. Under Wolf's leadership, RWA expanded its agricultural business in Central and South Eastern Europe and made significant strides in renewable energy and logistics.
Reinhard Wolf, the long-standing CEO of RWA Raiffeisen Ware Austria, will depart on November 30, 2024, to focus on his role at BayWa. Johannes Schuster, who has been CEO since January 2024, will succeed him, supported by Christoph Metzker. Wolf's tenure included significant expansions and innovations in agriculture and energy, as well as the establishment of a new headquarters in Korneuburg.
Johannes Schuster will succeed Reinhard Wolf as Chairman of the Management Board of RWA Raiffeisen Ware Austria on December 1, 2024, following Wolf's departure to focus on his role at BayWa. Schuster, who has been CEO since January 2024, will lead alongside Christoph Metzker, ensuring a competent management team is in place for RWA's future success. Wolf, who has been pivotal in RWA's growth and innovation, will remain available to BayWa until a new management team is appointed.
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