Hans K. Reisch has been appointed as the new CEO of Spar AG, effective immediately, by the Supervisory Board of Spar Austria. He will continue to work with three existing colleagues from the board, including Mag. Markus Kaser, Mag. Paul Klotz and mag. Markus Wild. This move towards reorganization was made after the previous general director, Mag. Fritz Poppmeier became indispensable. Hans K. Reisch is a grandson of Spar founder Hans F. Reisch and has spent his entire professional life in various positions within the company. He has been a member of the board since 2001 and was recently appointed as deputy chairman of the board in 2021 before becoming CEO in March 2023.