Verbund appoints Stefan Waldner CFO. Verbund stock sits 5.16 percent below its high

Verbund stock (ISIN AT0000746409) was trading at EUR 66.58 at Lang & Schwarz on October 14, 2026 at 9:44 a.m. CEST, 5.16 percent below its 52-week high of EUR 70.20. On October 7, 2026, VERBUND appointed Stefan Waldner as chief financial officer and Management Board member for two years, with an option to extend the term by two further years. The leadership change places financing and capital allocation at the center of the stock story.

What does new finance leadership change?

Waldner brings more than 20 years of international energy experience, including work in financing, capital markets and mergers and acquisitions, according to VERBUND. He succeeds Peter Kollmann, who stepped down on August 31, 2026, while CEO Michael Strugl continues to oversee finance until Waldner takes office.

The appointment follows a weaker second quarter. Simply Wall St reported second-quarter 2026 revenue of EUR 1.71 billion, down 1.80 percent from the prior-year quarter, while net income fell 39.00 percent to EUR 248.30 million. The comparison makes the new finance chief's capital-allocation brief more significant than the appointment alone.

Three dated operating signals

On September 16, 2026, finanzen.at reported that Verbund placed a seven-megawatt solar park near Udine into operation. On September 24, 2026, the same outlet reported that the Austria tariff rose to 10 cents per kilowatt-hour in the first contract year from 9.5 cents, and to 15 cents in the second year from 12.5 cents.

On October 7, 2026, the CFO appointment added a third operating signal, with the two-year term and extension option. Together, the projects, tariff action and finance transition show a company balancing renewable expansion, customer pricing and funding discipline.

Next reporting date

Simply Wall St lists November 5, 2026 as the next earnings date. For investors, that date offers the next quantified test of whether lower second-quarter earnings are stabilizing.

Stock remains below its yearly high

At Lang & Schwarz, Verbund stock was trading at EUR 66.58 on October 14, 2026 at 9:44 a.m. CEST, 0.77 percent below the Xetra close of October 13, 2026 at EUR 67.10. The 52-week range is EUR 54.25 to EUR 70.20, while market capitalization is EUR 23.1 billion as of October 14, 2026. The further course of trading is shown by the continuously updated real-time quote of Verbund stock.

Market context: Market report ATX.

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