Red Bull regulates the succession after the death of the company founder Dietrich Mateschitz. A team of three people will manage the fate of the Austrian company in the future. Oliver Mintzlaff, who previously headed the Bundesliga soccer team RB Leipzig, will be there.
After the death of company founder Dietrich Mateschitz, the Austrian energy drink manufacturer Red Bull will be managed by a team of managers including RB Leipzig boss Oliver Mintzlaff. The son of the company boss, Mark Mateschitz, who died in October, will withdraw from the operative business and concentrate on his role as a shareholder in the future, according to a letter to the workforce.
“As proposed and requested by my father and I and supported by our Thai partners, a board of directors will run Red Bull’s business,” Mark Mateschitz is quoted as saying in the letter. The new team consists of Mintzlaff, currently Managing Director of Bundesliga soccer club RB Leipzig, who will head Corporate Projects and Investments in the future, Franz Watzlawick, who will take over the management of the Beverage Business area, and Alexander Kirchmayr, who will be responsible for the financial agenda.
Mark Mateschitz has resigned from his role as Head of Organics. “The decision was difficult for me because Organics by Red Bull is a project close to my heart. But I don’t believe in being both an employee and a shareholder in the same company,” Mateschitz is quoted as saying in the broadcast. He wants to concentrate on his role as a shareholder in the future.
The 47-year-old Mintzlaff came in 2014 to the top of the then second division soccer club RB Leipzig. According to the club, the commitment of Max Eberl as the new Managing Director Sport means that the club is well positioned on a sporting level. The former Gladbacher is supposed to start his job on December 15, but may do so earlier due to the departure of Mintzlaff.
