SPAR Austria spells out CEO succession plan

SPAR Austria said chairman Hans K. Reisch and executive board member Marcus Wild will retire at the end of 2027 when they reach 65. Markus Kaser, currently deputy chairman and a board member since 2021, will become chairman of Spar Holding AG and Spar Österreichische Warenhandels-AG on 1 January 2028. Paul Klotz will remain on the board, joined by long-serving executives Johannes Holzleitner, Gerhard Wandl and Tanja Wiesmann. (SPAR Austria)