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University Board of Vienna University of Economics and Business now complete

Valentin Stalf se­lec­ted as fifth mem­ber, Cat­tina Leit­ner as Chair

The two WU Uni­versity Board mem­bers nom­in­ated by the Sen­ate, Stephan Koren and Christine Dor­naus, and the two mem­bers nom­in­ated by the fed­eral gov­ern­ment, Cat­tina Leit­ner and Bar­bara Kolm, un­an­im­ously ap­poin­ted Valentin Stalf as the fifth mem­ber dur­ing the meet­ing of the new Uni­versity Board on April 25, 2018. Cat­tina Leit­ner was elec­ted as the new Chair of the Board, and Stephan Koren will con­tinue to act as Deputy Chair.

In ad­di­tion to law­yer Cat­tina Leit­ner (DORDA At­tor­neys at Law), who has ex­tens­ive ex­per­i­ence as the former Chair of the Uni­versity Board of the Med­ical Uni­versity of Graz, WU’s Uni­versity Board now con­sists of the CEO of im­mi­gon port­fo­lioab­bau AG, Stephan Koren, who has been a mem­ber of the board since 2013, Christine Dor­naus, Board Dir­ector at Wiener Städtische Ver­sicher­ungs AG Vi­enna In­sur­ance Group, Bar­bara Kolm, Pres­id­ent of the Friedrich August von Hayek In­sti­tute and Dir­ector of the Aus­trian Eco­nom­ics Center, and Valentin Stalf, a Vi­enna nat­ive cur­rently resid­ing in Ber­lin, co-­founder and CEO of the mobile Bank N26.

Cat­tina Leit­ner was un­an­im­ously se­lec­ted as the Chair of the five-mem­ber panel, and Stephan Koren re­mains Deputy Chair.

The re­spons­ib­il­it­ies of the Uni­versity Board

For uni­versit­ies, the Uni­versity Board ful­fills a sim­ilar func­tion to com­pan­ies’ su­per­vis­ory boards. The mem­bers of the Uni­versity Board may not be af­fil­i­ated with the uni­versity and may not be em­ployed by the Fed­eral Min­istry of Edu­ca­tion, Science and Re­search. Its most im­port­ant re­spons­ib­il­it­ies in­clude se­lect­ing the rector from a short­l­ist com­piled by the Sen­ate, ap­point­ing vice-rect­ors nom­in­ated by the rector, ap­prov­ing the Stra­tegic Plan, the Or­gan­iz­a­tional Struc­ture Plan, and the draft of the Per­form­ance Agree­ment made with the fed­eral min­istry, as well as sign­ing off the budget pro­posed by the uni­versity. The Uni­versity Board has a le­gis­lat­ive period of five years.

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