Back to News

Borealis appoints Michael Schenk as Vice President Treasury and Funding

Photo: Michael Schenk appointed Borealis Vice President Treasury & Funding.

© Borealis

Borealis announces the appointment of Michael Schenk as Vice President Treasury and Funding effective 1 January 2023.

Michael Schenk is currently Director of Internal Audit & Risk Management at Borealis and joined the company in 2008, when he was appointed Head of Business Unit Controlling, Wire & Cable. In 2009, he became Head of Business Finance for Polyolefins & Innotech, and in 2013 took on the role of Head of Group Corporate Finance & Investor Relations. He became Chief Audit Executive of Internal Audit & Risk Management in 2017.

Before joining Borealis, Michael Schenk worked in Group Treasury at UBS Group in Zurich, Switzerland, and as an investment analyst at UBS Investment Bank in London, UK. He holds a Master’s degree in International Business from the University of Vienna.

“For several years now, Michael Schenk has been fostering and developing a systematic, disciplined and innovative approach to risk management, financial control and governance processes at Borealis,” says Mark Tonkens, Borealis Chief Financial Officer. “His leadership experience and broad background in treasury, financial controlling and investment banking will be an asset to Borealis as it continues to develop its robust and well-diversified funding portfolio.”

Michael Schenk succeeds Jan-Martin Nufer, who was appointed CFO of Borouge PLC effective 1 November 2022.

END

Media contact:

Virginia Wieser
Senior Manager, Corporate Communications,
Brand & Reputation
T +43 1 22 400 772 (Vienna, Austria)
media@borealisgroup.com
Photo: Michael Schenk appointed Borealis Vice President Treasury & Funding.

© Borealis

Downloads
2022 12 13 MR Borealis VP Treasury and Funding EN English, German
Photo: Michael Schenk appointed Borealis Vice President Treasury & Funding. © Borealis
Media Contact
Group Media desk
Virginia Wieser, Lena Lehner
+43 1 22 400 899 (Vienna, Austria)
media@borealisgroup.com

Latest News

Media Release – 01/02/2023

Borealis appoints Stefan Toader as Vice President Reliability, Turnarounds and Projects

Read more

News – 23/01/2023

About the Kallo Case

Read more

News – 19/01/2023

Borealis ranked second as Austria’s Leading International Company

Read more

Media Release – 19/01/2023

Borealis Borcycle™ C chemical recycling provides circular solutions for crosslinked polyethylene for the Wire & Cable and Infrastructure sectors

Read more

Media Release – 17/01/2023

Borealis demonstrates commitment to the highest sustainability standards with ISCC PLUS certification for Ecoplast site

Read more

Media Release – 12/01/2023

Borealis acquires a majority stake in Renasci signalling on-going commitment to leading the transformation to a circular economy

Read more

Media Release – 02/01/2023

Borealis and YILDIRIM announce completion of the sale of Borealis’ shareholding in Rosier SA to YILDIRIM Group’s YILFERT Holding

Read more

Media Release – 19/12/2022

Borealis and VERBUND sign first long-term hydropower PPA to supply Borealis operations in Schwechat, Austria as of January 2023

Read more

News – 14/12/2022

The Design for Recycling challenge in Healthcare

Read more