Casinos Austria Board Reorganised
New members were appointed to the Supervisory Board at Casinos Austria AG Annual General Meeting and Supervisory Board Meeting.
At Casinos Austria AG, Wolfgang Hesoun, a top Austrian manager, took the helm as the new Chairman of the Supervisory Board. His currently sole Vice Chairman is SAZKA Group CEO Robert Chvatal, who has chaired the Board since Walter Rothensteiner’s departure.
ÖBAG Director and former PwC CEO Christine Catasta and compliance and player protection expert Erika Stark-Rittenauer were appointed to the Supervisory Board. Gerhild Hofer and Thomas Polzer are leaving the committee.
“I am delighted that we were able to secure an experienced top manager as President of the Supervisory Board, and that person is Wolfgang Hesoun. Our current personnel decisions show that after a challenging period, we are embarking on a new chapter for the company, one in which the Managing Board, the employees, the Supervisory Board and the owners work together to create a positive future for the company,” says ÖBAG Managing Board member Thomas Schmid.
Syndicate contract brings stability to the company
The basis for the changes in membership of the Boards is the syndicate contract between the SAZKA Group (majority owner) and the state-owned holding company ÖBAG. This contract was recently approved by the EU Competition Commission. “The syndicate contract between the two main owners amicably regulates the strategic development and alignment of the corporate group. Our shared vision and long-term strategy provide the stability that the company needs. This is particularly important in the current difficult situation as well as with regard to the challenges facing the corporate group in the near future. In particular, the two main owners will make a substantial contribution to strengthening distribution and building up new online services, as well as driving forward the urgently needed fight against illegality,” SAZKA CEO Robert Chvatal says about the new cooperation between the owners.
Player protection is to be a focus of the Supervisory Board
Player protection and handling gambling responsibly has always been a central issue within the Casinos Austria/Österreichische Lotterien Group. In future, the Supervisory Board will provide tangible support for the company’s efforts in this crucial area. “Casinos and lotteries bear great social responsibility in the gaming sector. As a core shareholder, it is of particular interest to ÖBAG that our shareholdings continue to expand their pioneering role in the area of player protection in Europe. With Erika Stark-Rittenauer, we on the Supervisory Board can provide valuable input in this regard,” Schmid says with respect to the future focus.