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Österreichische Post AG

EANS-News: Österreichische Post AG SUPERVISORY BOARD RESOLVES UPON THE FUTURE MANAGEMENT STRUCTURE OF AUSTRIAN POST (with photo)

WALTER HITZIGER APPOINTED AS DIRECTOR OF THE MAIL / RETAIL DIVISION WALTER OBLIN NAMED TO SUCCEED RUDOLF JETTMAR AS CHIEF FINANCIAL OFFICER

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Management Changes

Subtitle: WALTER HITZIGER APPOINTED AS DIRECTOR OF THE MAIL / RETAIL DIVISION WALTER OBLIN NAMED TO SUCCEED RUDOLF JETTMAR AS CHIEF FINANCIAL OFFICER

Wien (euro adhoc) - In today´s Supervisory Board meeting of Austrian Post, Management Board member Walter Hitziger was appointed to the position of Director of the new Mail / Retail Division. Upon expiration of his current employment contract as head of the Mail Division at the end of December 2011, he will continue as a member of the Management Board with responsibility for the new division of Austrian Post, which will encompass both the mail and retail segments of the company´s business in the future.

Walter Oblin has been named Member of the Management Board and Chief Financial Officer of Austrian Post effective July 1, 2012. Thus he will succeed Rudolf Jettmar, whose employment contract expires on June 30, 2012. Mr. Hitziger´s new employment contract will be valid until the end of 2016, whereas Mr. Oblin´s term of office will last until June 30, 2015.

"The decision in favour of two internal candidates is a strong signal on the part of the Supervisory Board emphasizing the importance of continuing and stability", says Peter Michaelis, Chairman of the Supervisory Board. "With the two designated Management Board members, we are ensuring the continuation of the company´s successful business operations by a highly-motivated and performance-oriented management team".

"Both future Management Board members and division directors have already made a considerable contribution to the success of our company in recent years. They serve to guarantee that Austrian Post will successfully and determinedly continue pursuing the path it has chosen and the business strategy it has resolved to implement", says Georg Pölzl, Chairman of the Management Board of Austrian Post, commenting on the appointment of the two Management Board members.

Herbert Götz will continue to serve as head of the Branch Network Division, and until the end of the year will provide his full support to implementing the merger of the Mail and Branch Network Divisions. This is designed to ensure the effective integration of the merged entity into the new corporate structure and the trusting transfer of responsibilities. "Austrian Post will continue moving ahead with the structural transformation of the branch network. This is based on two strategic approaches i.e. the conversion of company-operated post offices into third-party operated postal partner offices, and the cooperation with BAWAG P.S.K. In this way we will also succeed in expanding and safeguarding nationwide coverage with postal services and the enhanced customer orientation in the branch network", CEO Georg Pölzl concludes.

Walter Hitziger, 50 Following his studies in industrial engineering and business administration at the Graz University of Technology, Walter Hitziger started his career with the beer company Steirerbrau AG - Steirische Brauindustrie AG (Gösser/Puntigamer), with responsibility for distribution logistics. He served as division manager for consulting at Agiplan Planungsgesellschaft and ECONSULT Betriebsberatungsges.m.b.h. in Vienna in the years 1990-1997. Walter Hitziger served as a member of the Management Board of bauMax Handels AG with responsibility for procurement and logistics from 1997 until his initial appointment as a member of the Management Board of Austrian Post in May 2004.

Walter Oblin, 41 After concluding his studies in mechanical engineering and business administration at the Graz University of Technology and an MBA in the USA, Walter Oblin began his professional career at McKinsey & Company in 1994. In the year 2000 he was appointed to be a managing partner and assumed managerial responsibilities as a member of the Management Board of the Austrian subsidiary as well for McKinsey´s global transport and logistics activities. After 14 years of international consulting work focusing on the postal, logistics and infrastructure sectors, Walter Oblin was named Commercial Director in 2008 of SortTech AG, a German technology company specializing in renewable energies. In the fall of 2009, he assumed the position of Head of Strategy and Group Development at Austrian Post.

Pictures with Announcement: ---------------------------------------------- http://resources.euroadhoc.com/us/O9yzKozs http://resources.euroadhoc.com/us/Y7ecoZIu

end of announcement                               euro adhoc
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Further inquiry note:

Austrian Post
Head of Investor Relations
DI Harald Hagenauer
Tel.: +43 57767-30400
harald.hagenauer@post.at


Austrian Post
Head of Group Communications
Mag. Ina Sabitzer
Tel.: +43 577 67-21763
ina.sabitzer@post.at


Österreichische Industrieholding AG (ÖIAG)
Communications
Mag. Anita Bauer-Hübel
Tel.: +43 (0) 1 711 14 240
E-Mail: kommunikation@oiag.at

Branche: Transport
ISIN: AT0000APOST4
WKN: A0JML5
Index: ATX Prime, ATX
Börsen: Wien / Regulated free trade

Original-Content von: Österreichische Post AG, übermittelt durch news aktuell

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