Apr 30, 2024 - Tallinn

Press release: ALSO finalises succession planning - Wolfgang Krainz appointed as new CEO

As of 1 May 2024, he will succeed Gustavo Möller-Hergt, who continues to serve as President of the Board of Directors of ALSO Holding AG (SIX: ALSN). 

Wolfgang Krainz has been with the company since 2016, most recently as Regional Chief Customer Officer Austria and Central and Eastern Europe. During this time, he has consistently optimised his areas of responsibility, driven the growth of the digital platforms and successfully integrated acquisitions into the existing organisation. 

“Over the last years, ALSO has built a successful ecosystem, which we will continue to expand in the future. To further accelerate our sustainable profitable growth, the organisation is going to focus more strongly on sales aspects. More details will be announced shortly,” explains the new CEO.

“In this highly dynamic industry, it has been a privilege to lead a company like ALSO, which anticipates changes and challenges and successfully adapts its strategy, while remaining true to its core values. This is primarily due to its talented and committed employees. With Wolfgang, we have now chosen a CEO with strong sales and leadership skills from within this group,” says Möller-Hergt.