Gerhard Roiss has taken over the role of CEO at OMV Aktiengesellschaft with effect from April 01, 2011. Since 2002, Gerhard Roiss has acted as Deputy Chairman of the Executive Board and was responsible for Refining and Marketing including petrochemicals.
Prior to this, Roiss headed up the Exploration and Production unit and will also initiate a further review of the company's strategy with the objective of balancing out OMV's portfolio of companies and envisages that the gas and power business will gain in importance for OMV in the coming years. The effects of recent events in Japan among other factors will see natural gas grow in importance as a source of energy.
Gerhard Roiss further added that with regard to the long-term portfolio development, we remain realistic that our core business - Exploration and Production - will continue to form the backbone of our Group. The company strategy will be presented during the planned Media Summit and Capital Market Days in Istanbul this September 2011.-PR