Verbund names Waldner CFO. Verbund stock sits 2.92 percent below its high

Published on 10/26/2026 at 10:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Verbund names Stefan Waldner CFO for a two-year term. Verbund stock costs EUR 68.15 on October 26, 2026, below its EUR 70.20 high.

Leadership change and earnings pressure

Stefan Waldner received a two-year CFO mandate on October 7, 2026.
Second-quarter 2026 revenue fell 1.80 percent to EUR 1.71 billion.
Verbund stock trades at EUR 68.15 at 10:44 a.m. CET at Lang & Schwarz on October 26, 2026.
Verbund had a EUR 23.8 billion market capitalization as of October 23, 2026.

Verbund AG, AT0000746409, Illustration mit AI erstellt.

Verbund stock (ISIN AT0000746409) was trading at EUR 68.15 at Lang & Schwarz on October 26, 2026, at 10:44 a.m. CET. The company appointed Stefan Waldner as chief financial officer on October 7, 2026, giving the Austrian utility a new finance chief after Peter Kollmann stepped down on August 31, 2026, according to Verbund.

Leadership changes the finance brief

Waldner will serve an initial two-year term with an option for two additional years. The release said he brings more than 20 years of international energy experience, including finance, capital markets and mergers and acquisitions work.

The appointment matters because Verbund is entering a weaker earnings phase. Second-quarter 2026 revenue fell 1.80 percent year over year to EUR 1.71 billion, while net income fell 39 percent to EUR 248.3 million, according to Simply Wall St. The figures give Waldner an immediate finance agenda centered on capital allocation and earnings resilience.

Three dated steps shape the story

On July 30, 2026, Verbund reported second-quarter revenue of EUR 1.71 billion. On August 31, 2026, Peter Kollmann stepped down from the board. On October 7, 2026, Waldner was appointed for two years with an extension option, according to EQS News.

What does the CFO change mean?

The measurable change is the length of the mandate: two years initially, with a possible two-year extension. For investors, the near-term test is whether the new finance leadership can support disciplined capital allocation while hydro conditions and lower power prices weigh on results.

Dates and valuation frame the stock

Verbund is scheduled to report its next results on November 5, 2026, according to Simply Wall St. The stock's 52-week range was EUR 54.25 to EUR 70.20 as of October 23, 2026, while its market capitalization was EUR 23.8 billion. The current price is 2.92 percent below the 52-week high.

Stock price and investor watchpoints

Verbund combines electricity generation, power trading and supply with regulated grid operations. Its next results will show whether the second-quarter decline is stabilizing and how management frames financing priorities under the new CFO.

Verbund stock was trading at EUR 68.15 at Lang & Schwarz on October 26, 2026, at 10:44 a.m. CET.

The further course of trading is shown by the continuously updated real-time quote of Verbund stock.