Peter Kollmann to Depart VERBUND AG for Bank of America Role

VERBUND AG has announced that Peter Kollmann, the Deputy CEO and CFO, will resign from the Management Board effective August 31, 2026. Kollmann is set to join Bank of America as Vice Chair EU and Country Executive for Germany and Austria. His departure marks the end of a 13-year tenure at VERBUND AG, during which he contributed significantly to the company's growth and strategic direction.

Martin Ohneberg, Chair of the Supervisory Board, praised Kollmann for his leadership and strategic contributions, acknowledging his role during a challenging period for the company. Kollmann expressed gratitude for his time at VERBUND AG and stressed his commitment to a smooth transition before his departure.

Until a successor is appointed, VERBUND CEO Michael Strugl is slated to assume the CFO role on an interim basis. The search for Kollmann's replacement is underway.