Hans K. Reisch has been appointed as the new CEO of Spar AG with immediate effect. He will continue to work with the three existing board members, Mag. Markus Kaser, Mag. Paul Klotz, and Mag. Marcus Wild, to lead the company’s fortunes in the future. The departments have remained unchanged after their redistribution in March 2023.
Reisch is a grandson of Spar founder Hans F. Reisch and has spent his entire professional life within the company. He has been a member of the board since 2001 and became deputy chairman in 2021. He had already been successful in this role for a year before taking over as CEO.
Magus Wild is also an owner family member and has been on the board of Spar AG since 2021. He previously built up the Spar subsidiary SES Spar European Shopping Centers and made it the market leader for shopping centers in Austria and Slovenia. Additionally, Markus Kasser and Paul Klotz are long-time Spar managers who have also been on the board since 2021. The proven management team will now lead Spar AG with four people at its helm.