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Thomas Gangl appointed as Borealis CEO

The Supervisory Board of Borealis has appointed Thomas Gangl (49) to the post of Chief Executive Officer of Borealis AG. He will take over the role from Alfred Stern, effective April 1, 2021. Alfred Stern will join the OMV Executive Board and hold responsibility for the Chemicals & Materials division. 
Thomas Gangl is currently member of the OMV Executive Board and responsible for Refining & Petrochemical Operations. 

Rainer Seele, Chairman of the Supervisory Board of Borealis AG and CEO of OMV: “By appointing Thomas Gangl we have succeeded in gaining an exceptional manager and expert from among our own ranks to take the helm of Borealis. In recent years, Thomas Gangl has not only played a significant part in shaping the refining and petrochemicals business in the OMV Group but was also responsible for establishing chemical recycling and thereby laying the foundation for our future circular economy.”

The Supervisory Board of OMV Aktiengesellschaft recently approved a reorganization of the OMV Group involving splitting and expanding the current area of Refining & Petrochemical Operations into two areas: Refining and Chemicals & Materials. With this change, all responsibilities for the petrochemicals and chemicals sector are bundled in one divison, supporting OMV’s forward integration in the chemicals sector.

The decision on the Executive Board member for Refining will be taken at a later stage.

Thomas Gangl CV
Thomas Gangl was born in Upper Austria in 1971, he is married and father of one son. 

Since 2019:  OMV Executive Board Member, Chief Downstream Operations Officer
2016 - 2019: Senior Vice President Business Unit Refining & Petrochemicals – responsible for all three OMV refineries
2014 – 2016: Schwechat Refinery Manager
2013 – 2014:  Senior Vice President Asset Development
2011 – 2012: General Manager OMV Deutschland GmbH and Burghausen Refinery Manager
2007 – 2010:   Head of Operations – Center of Excellence
2006 – 2007:  Lobau Tank Farm Manager
2003 – 2006:  Head of HSEQ (Health, Safety, Environment and Quality) – Schwechat Refinery
1998 – 2002:   Process Engineer – Schwechat Refinery

1998:    Vienna University of Technology: Chemical and Process Engineering 
1997:    University of Salford (Manchester): Mechanical Engineering

Background information:

OMV Aktiengesellschaft
OMV produces and markets oil and gas, as well as chemical solutions in a responsible way and develops innovative solutions for a circular economy. With Group sales revenues of EUR 17 bn and a workforce of around 25,000 employees in 2020 (incl. Borealis), OMV is one of Austria’s largest listed industrial companies. In Upstream, OMV has a strong base in Central and Eastern Europe as well as a balanced international portfolio, with Middle East & Africa, the North Sea, Russia and Asia-Pacific as further core regions. Daily average production was 463,000 boe/d in 2020. In Downstream, OMV operates three refineries in Europe and owns a 15% share in ADNOC Refining and ADNOC Global Trading, with a total annual processing capacity of 24.9 mn tons. Furthermore, OMV operates about 2,100 filling stations in ten European countries and runs gas storage facilities in Austria and Germany. In 2020, total natural gas sales volumes amounted to around 164 TWh.
In the chemicals sector, OMV, through its subsidiary Borealis, is one of the world’s leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals, fertilizers and the mechanical recycling of plastics. Borealis operates in over 120 countries. In 2020, Borealis generated EUR 6.8 billion in sales revenue. The company supplies services and products to customers around the globe through Borealis and two important joint ventures: Borouge (with the Abu Dhabi National Oil Company, or ADNOC, based in UAE); and Baystar™ (with Total, based in the US).
Sustainability is an integral part of OMV’s corporate strategy. OMV supports the transition to a lower-carbon economy and has set measurable targets for reducing carbon intensity.