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OMV appoints Daniela Vlad as new Executive Board Member for Chemicals & Materials

The Supervisory Board of OMV Aktiengesellschaft has appointed Daniela Vlad as the new Executive Board Member responsible for Chemicals & Materials. Daniela Vlad has accepted the appointment. She will take up the post with effect from February 1, 2023, for a three-year period, with an extension option for further two years, subject to mutual agreement.
 

Daniela Vlad is currently Managing Director of the Industrial Coatings business at AkzoNobel. AkzoNobel N.V. is a global company headquartered in Amsterdam (Netherlands), which supplies paints and coatings for both industry and consumers and has a strong focus on sustainability and innovation. Before joining AkzoNobel in 2009, Daniela Vlad held various management positions at Shell and Phillips.

Alfred Stern, Chairman of the Executive Board and CEO of OMV, will continue to be responsible for the Chemicals & Materials business until Daniela Vlad will take seat as Executive Board Member.

Mark Garrett, Chairman of the Supervisory Board of OMV: “Chemicals & Materials will have a key role to play in the energy transition and the company’s future development. I am delighted that we have managed to bring Daniela Vlad on board for this Executive Board seat.  She is a manager with extensive international experience in the chemicals business and in leading strategic transformations. Daniela Vlad combines chemistry expertise and financial know-how as well as experience in sustainable technical solutions, which is essential for profitable growth with a focus on sustainability and innovation. With her, the Chemicals & Materials business will be further strengthened, expanded, and diversified to become the OMV Group’s key growth driver.”

CV Daniela Vlad

since 2022: AkzoNobel, Business Unit Managing Director Industrial Coatings
2017 – 2022: AkzoNobel, Business Unit Managing Director Powder Coatings
2014 – 2017: AkzoNobel, Business Director Automotive, Business Unit Specialty Coatings
2013 – 2014:  AkzoNobel, Strategic Business Unit Director Aerospace Coatings
2009 – 2013: AkzoNobel Powder Coatings, Finance Director
2007 – 2009: Philips Consumer Lifestyle – Hospitality Market, Business Unit Controller
2005 – 2007: Shell, Finance Director for Joint Ventures – Europe/Africa
2003 – 2005: Shell, Treasurer for 16 CEE countries
1998 – 2003:  Shell, several management positions in Renewables, Chemicals
1993 – 1996: ICTS – Technology Institute Romania, Project Manager R&D
1998: Master’s in Business Administration, Twente University, The Netherlands
1993: Master’s in Chemical Engineering, Technical University of Timisoara, Romania


Background information:

OMV Aktiengesellschaft
With Group sales revenues of EUR 36 bn and a workforce of around 22,400 employees in 2021, OMV is amongst Austria’s largest listed industrial companies.

In Chemicals & Materials, 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 plastics recycling. Together with its two major joint ventures – Borouge (with ADNOC, in the UAE and Singapore) and Baystar™ (with TotalEnergies, in the USA) – Borealis supplies products and services to customers across the globe. OMV’s Refining & Marketing business produces and markets fuels as well as feedstock for the chemical industry, operates three refineries in Europe, and holds a 15% stake in a refining joint venture in the UAE. OMV operates around 1,800 filling stations in ten European countries. In addition, the activities include Gas & Power Eastern Europe where it also operates a gas-fired power plant in Romania. In Exploration & Production, OMV explores and produces oil and gas in the four core regions of Central and Eastern Europe, Middle East and Africa, North Sea, and Asia-Pacific. Average daily production in 2021 included production from a joint venture in Russia and amounted to 486,000 boe/d with a focus on natural gas (~60%). As of March 1, 2022, Russian entities are no longer consolidated. Its activities include Gas Marketing Western Europe, where it also operates gas storage facilities in Austria and Germany. 

OMV intends to transition from an integrated oil, gas, and chemicals company to become a leading provider of innovative and sustainable fuels, chemicals, and materials, while taking a leading global role in the circular economy. By switching over to a low-carbon business, OMV is striving to achieve net zero in all three Scopes by 2050 at the latest.