Novomatic, a prominent global gaming technology company, recently made strategic moves in its leadership and sustainability initiatives. Stefan Krenn, with nearly a decade of experience within the company, joins the Executive Board, reinforcing Novomatic’s commitment to sustainable growth and international market presence.
Executive Board Expansion:
Novomatic’s Supervisory Board appoints Stefan Krenn to the Executive Board, alongside Ryszard Presch and Johannes Gratzl. Krenn’s extensive tenure at Novomatic, including roles such as Secretary General and Global Division Manager, underscores his suitability for this new position. His most recent role as Authorised Representative adds to his preparedness for the responsibilities ahead.
Krenn’s Perspective:
Stefan Krenn expresses gratitude for the trust vested in him by the Supervisory Board. He emphasizes his dedication to Novomatic’s sustainable success, further expansion, and international market positioning. His statement reflects a strong commitment to driving the company’s objectives forward.
Supervisory Board’s Endorsement:
Dr. Bernd Oswald, Chairman of Novomatic’s Supervisory Board, lauds Krenn’s appointment, citing his integral role in the company’s strategic development and past contributions to its success. Oswald’s endorsement highlights the confidence the board has in Krenn’s leadership abilities.
Sustainability Milestone:
In December 2023, Novomatic achieved a notable milestone in sustainability with an upgraded Environmental, Social, and Governance (ESG) rating. This elevation propelled the company into the top 30% of the electronics industry, signifying its commitment to responsible business practices.
International Recognition:
Novomatic’s enhanced ESG rating garners international recognition, showcasing the company’s dedication to environmental and social responsibility. This achievement reinforces Novomatic’s position as a leading player in the global gaming technology industry.
Management Restructuring:
In a related development, Novomatic Netherlands undergoes management restructuring, appointing Karin den Dunnen as Chief Financial Officer (CFO). This strategic move aligns with Novomatic’s efforts to optimize its leadership structure and drive operational efficiency.
Novomatic’s recent appointment of Stefan Krenn to the Executive Board, coupled with its sustainability milestones and management restructuring efforts, underscores the company’s commitment to driving growth, innovation, and sustainability in the gaming technology sector. With seasoned leadership and a focus on responsible business practices, Novomatic is poised to continue its trajectory of success on the global stage.