Supplier News
Austria – Novomatic names Stefan Krenn as a new Member of the Executive Board
By Phil - 16 February 2024
The Supervisory Board of Novomatic has appointed Stefan Krenn, LL.M. as a new Member of the Executive Board with effect from February 15, 2024.
In this function, he will form part of the three-person Executive Board of the international group, together with the two other members of the Executive Board, Ryszard Presch and Johannes Gratzl.
“We are delighted to have been able to bring on board Stefan Krenn, an experienced manager and a proven expert from our own ranks as the new Member of our Executive Board. Stefan Krenn has played a significant role in helping to shape the strategic development of this Group in recent years, and has made an important contribution to the company’s success. On behalf of the Supervisory Board, I would like to wish Mr. Krenn all the very best and much success with his new responsibilities,” says Dr. Bernd Oswald, Chairman of the Supervisory Board of Novomatic.
Krenn, who studied both economics and media law has already held various positions at the international gaming technology group since 2015. These included posts as Secretary General and Global Division Manager as well as, until recently, Authorized Representative of Novomatic. Furthermore, the Upper Austrian is also Managing Director and Member of the Supervisory Board of various subsidiaries of this Group.
“I would like to thank the Supervisory Board for the trust they have placed in me, and I am looking forward to this responsible and exciting new task. NOVOMATIC is a leading global company and I will be fully committed to the sustainable success of the group, further expansion and clear positioning on international markets,” emphasizes Stefan Krenn, Member of the Executive Board of NOVOMATIC AG.
The Novomatic AG Group has around 300 subsidiaries and generated revenues of EUR 2.9
billion in the 2022 financial year. It employs over 24,500 people and has operations in more than
100 countries. The company is Europe’s leading and one of the world’s largest gaming technology
groups
