VERBUND AG appointed Mag. Dr. Michael Strugl as Executive Board member and Vice Chairman of the Executive Board for 3 years until Dec. 31, 2021 with an extension option for 2 additional years until Dec. 31, 2023. As additional new Executive Board member, Mag. Dr. Achim Kaspar has been appointed for 3 years until Dec. 31, 2021 with an extension option for 2 additional years until Dec. 31, 2023. The Executive Board appointed Dr. Johann Sereinig, Vice Chairman of the Executive Board, and Dr. Günther Rabensteiner, member of the Executive Board, will end as planned on 31 December 2018. Due to the age of these members, their appointments will not be renewed for a further term.