Mr. Pölzl’s current term of office, which expires on October 1, 2014, will be extended for a three-year period, with a subsequent extension option on his employment contract for a further two years.
“Today’s decision by the Supervisory Board is the logical consequence of the outstanding performance of the company in recent years, both with respect to the capital market as well as its further structural development”, says Rudolf Kemler, Chairman of the Supervisory Board of Austrian Post. “In cooperation with the management, Georg Pölzl has managed to transform Austrian Post into a modern and customer-friendly service provider. His reappointment is thus a clear signal of continuity and a focus on the consistent continuation of the company’s successful business strategy. The Supervisory Board is convinced that Georg Pölzl will continue to successfully master the challenges posed by the constantly changing postal market.” Read more
Source: Die Österreichische Post