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Retail investor representative Wilhelm Rasinger has died at the age of 72. He had been fighting illness for a long time. Rasinger was president of the Investor Association (IVA) that he founded in 1999.
In this role, he campaigned for the rights of small shareholders in listed companies for several decades. “With the passing of Wilhelm Rasinger, we are losing an essential voice in the Austrian capital market that was shaped by deep experience and indisputable knowledge,” said Thomas Schmid, a member of the ÖBAG board, according to a broadcast. “Through his many years of commitment and tireless efforts, he fought fearlessly for the rights of small investors and an improvement in shareholder culture in Austria.”
In addition to his position as chairman of IVA, Rasinger has served on various national company supervisory boards over the years, including Immo, voestalpine, Wienerberger, and Agrana. According to Wirtschafts-Compass, he was recently on the Erste Group’s supervisory board. He also taught at the Krems University of Applied Sciences and was an honorary professor of business administration at the Vienna University of Technology, writes the “Kurier”.
