Borealis announces the appointment of Hilmar Kroat-Reder (50) as Vice President (VP) Human Resources, effective 1 May 2021.

Hilmar Kroat-Reder joins Borealis from OMV, where he started in Corporate Development and M&A in 2002. He then took over the leadership of the CEO office, followed by the Corporate Affairs and Sustainability function. Subsequent assignments as a member of the Executive Boards of OMV Petrom in Romania and Petrol Ofisi in Turkey with the responsibility for Gas & Power & Chemicals gave him extensive business experience before he took over the general management of EconGas. In 2016, Hilmar joined the OMV HR team, leading HR Services, Labour Law and Employer Relations. Most recently, he has held the position of VP Organizational Structure & Design and led several transformational projects.

Hilmar Kroat-Reder holds a PhD in Law from the University of Vienna, Austria and a Master’s degree from McGeorge School of Law in the USA, and executive business education from IMD in Switzerland and Ashridge in the UK. He is an Austrian citizen, is married and has four children.

“We are very pleased to welcome Hilmar Kroat-Reder to Borealis,” says Borealis CEO Thomas Gangl. “Hilmar brings a lot of experience across a number of business areas. His drive and leadership will be an asset to foster and further build on the successful people and culture side of Borealis.”