OMV Executive Board Members Roiss and Floren have to Leave

EnergyOil & Gas ♦ Published: October 9, 2014; 19:00 ♦ (Vindobona)

Bang at Austria's largest industrial conglomerate. The contracts of OMV CEO Gerhard Roiss and fellow board member Hans-Peter Floren are apparently terminated prematurely.

OMV Executive Board Members Roiss and Floren have to Leave / Picture: © OMV Aktiengesellschaft

The contracts of OMV CEO Gerhard Roiss and of OMV Executive Board Hans-Peter Floren are to be terminated prematurely.

That's the decision the Executive Committee of the OMV decided in a meeting on Wednesday, according to Austrian daily "Die Presse".

A vote will be held on this decision at the upcoming OMV Supervisory Board meeting on October 14th.

The…