Herbert Paierl is an independent contractor for Paierl Consulting Beteiligungs, GmbH. Previously he was Executive Vice President for Europe, Cosma Group of Magna International Inc. Prior to that , Paierl was with the Board of Unternehmens Invest AG (UIAG) for two years. In 2007 he was President of the Management Club of Austria. From 1996 to 2004, Paierl was member of the Provincial Government as National Council for Economic and Financial Europe. Prior to joining the Board at Styrian Hydropower and Elektrizitätswerke AG, Paierl was a long-serving cabinet at Styria’s provincial capitol. Paierl completed his studies of Spatial Planning at the Technical University of Vienna.