OREANDA-NEWS. Gerhard Roiss, Chairman of the Executive Board and Chief Executive Officer of OMV Aktiengesellschaft, along with David C. Davies, Deputy Chairman of the Executive Board and Chief Financial Officer, have been reconfirmed to the Board

The Supervisory Board of OMV Aktiengesellschaft and the respective Executive Board members have agreed on the extension of the mandates and contracts of Gerhard Roiss, Chairman of the Executive Board and CEO, and David C. Davies, Deputy Chairman of the Executive Board and CFO, until March 31, 2017. The contractual period reflects the intention of Mr. Roiss and Mr. Davies to step down from their posts on the OMV Executive Board after a further three years.

Gerhard Roiss has been on the OMV Executive Board since 1997 and has held the position of Deputy Chairman of the Executive Board since 2002 and CEO since 2011. David C. Davies was appointed as the CFO of OMV in 2002.