Margarete Schramböck


Margarete Schramböck is an Austrian business manager and politician. She is currently the Minister of the Economy in the Second Kurz government; she previously served in this position from December 2017 to June 2019 in the First Kurz government. From May 2016 to October 2017, she was the chief executive officer of A1 Telekom Austria. Schramböck is a member of the Austrian People's Party.

Early life

Schramböck was born in on May 12, 1970 in St. Johann in Tirol.
She attended gymnasium in St. Johann, graduating in 1989.

Career

Schramböck acquired a master's degree in social and economic sciences from the Vienna University of Economics and Business in 1994, graduating with a master's thesis on the international diamond market.
She obtained a doctorate in social and economic sciences from the same school in 1997 with a dissertation on the future of business consulting.
She went on to enroll at the University of Lyon, graduating with an MBA in 1999.
Starting in 1995, Schramböck had been working for Alcatel in various capacities. From 1995 to 1997, she was Auditor for Central and Eastern Europe. In 1997, she moved into the company's E Business wing, serving as the Head of Asset Management from 1997 and as the Service Director for Austria from 1999. In 2000, she became the founding executive director of NextIraOne Austria. From 2008 to 2011 she was also in charge of NextIraOne Germany.
When the company was taken over by Dimension Data in 2014, Schramböck stayed on board as the managing director of Dimension Data Austria.
Effective May 1, 2016, she became the head of A1 Telekom Austria, one of the country's largest telecommunications providers, taking over from Alejandro Plater and his interim successor, Hannes Ametsreiter.
Her term was originally meant to last five years.
On October 17, 2017 − just two days after the 2017 Austrian legislative elections, incidentally − A1 confirmed that Schramböck was being pushed out.
Marcus Grausam, the CTO, assumed her responsibilities on an interim basis.
Although not a member of any political party at the time, Schramböck was a close confidante of Johanna Mikl-Leitner, a former minister of the interior for the People's Party.
Schramböck was tapped as a potential minister almost immediately and joined the People's Party within weeks of her dismissal.
When Sebastian Kurz and his cabinet took office on December 18, 2017, Schramböck became the new minister of science, research and economy.
On the same day, Schramböck announced that she would be joining the Tyrol party presidium.
Following a reshuffling of ministerial responsibilities − a move regularly made by new parliamentary majority leaders − Schramböck was appointed minister of digital and economic affairs on January 8, 2018.
Schramböck lives in Sankt Andrä-Wördern, a town near Vienna in Lower Austria.

Awards