Alfred Stern

Chairman of the Executive Board and CEO (incumbent through 31 Aug 2026), Omv Aktiengesellschaft

Search every verified Alfred Stern interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Alfred Stern, Chairman of the Executive Board and CEO of OMV through 31 August 2026, said in 2023 that following the Russian invasion of Ukraine, OMV developed alternative sources for gas supply, secured transport capacities, and filled gas storage facilities. He stated that the company’s Strategy 2030 lays the foundation for its transformation, with a purpose described as "Re-inventing essentials for sustainable living." Stern said OMV aims to gradually replace fossil-based energy in the Energy segment, become a leading provider of sustainable fuels and feedstocks in the Fuels & Feedstock segment, and become a world-leading provider of special polyolefin solutions and a leader in the circular economy in the Chemicals & Materials segment. He noted that OMV and Borealis would use their expertise in mechanical and chemical recycling of plastics to take a leading role in the global circular economy. Stern said that for 2022, OMV proposed its highest ever regular dividend of EUR 2.80 and a special dividend of EUR 2.25, and that the company modified its dividend policy to distribute approximately 20 to 30 percent of cash flow from operating activities if sufficient funds are available and the leverage ratio is below 30 percent. In earlier statements, Stern described plastic waste as a valuable resource and feedstock for the future, and said OMV offers chemicals and materials based on renewable feedstock, and mechanically and chemically recycled feedstock. He said that circular economy is a solution to energy and resource challenges, that partnerships across the supply chain are important for future industry development, and that regulatory and policy frameworks in Europe are helpful for starting pilot projects.