Natural Resources >> CEO Interviews >> June 26, 2000

Richard Schenz – Omv Ag (oemv.de)

DR RICHARD SCHENZ is the Chief Executive Officer and Chairman of the Board of OMV AG. Dr Schenz graduated from the University of Vienna, with a 'Diplom-Ingenieur' in 1964 and a 'Doktor der Technischen Wissenschaften' in 1967. In 1969 he was made in charge of Operations Research of downstream business (refining and marketing) at OMV. In 1971, he became in charge of production planning at the refinery of OMV in Schwechat, and in charge of expansion/investment programs. In 1979, he was head of 'integrated production planning' and project leader of various major investment programs in refineries and petrochemicals. He was appointed Director in 1985, Member of the Managing Board in 1988, and Deputy Chairman of the Executive Board in 1990. Shortly after, he became Chief Executive Officer and Chairman of the Executive Board, Chairman of Association of the Austrian Petroleum Industry, and 'Kommerzialrat' of Chamber of Commerce. In 1996 he was appointed President of Viennese Association of Industrialists, and Senator of the University of Technology in Vienna. In 1999, Dr Schenz received The Grand Decoration of Honour for Services to the Republic of Austria. Profile
TWST: Could you first give us a bit of an overview summary on OMV - a

little history, a little flavour of your own experience, and then, a

description of the company and business today?

Dr.