OMV has named Emma Delaney as its next chief executive, selecting the BP executive to become the first woman to lead the Austrian energy company.
The appointment will take effect on 1 September. Delaney was chosen by the Supervisory Board to serve as Chairwoman of the Executive Board and CEO for an initial three-year term. The mandate may be extended by a further two years if both sides agree.
She will take over from Alfred Stern, whose term as CEO is scheduled to end on 31 August in line with the company’s plan.
At the same meeting, the Supervisory Board also renewed the mandate of Chief Financial Officer Reinhard Florey. His term was extended by two years, with an option for a further one-year extension, which means his current mandate is set to run until 30 June 2029. He was also appointed Deputy Chairman of the Executive Board with immediate effect.
According to Supervisory Board Chairman Lutz Feldmann, Delaney stood out in the selection process on the strength of her industry knowledge and broad international management experience. He added that the board sees her as well placed to support OMV during a period of major change.
Feldmann also acknowledged Stern’s contribution, thanking him for the cooperation during his tenure and for the strategic work carried out under his leadership.
