CECONOMY AG has taken the first decisive step in establishing a uniform management structure of the CECONOMY Group. The Supervisory Board of CECONOMY decided to appoint Florian Wieser, Chief Financial Officer (CFO) of MediaMarktSaturn Retail Group (MediaMarktSaturn) since November 2018, as CFO and member of the Management Board of CECONOMY with effect from 1 May 2021. He is assuming the mandate of Karin Sonnenmoser, who is leaving the company on 30 April 2021. The Supervisory Board and Karin Sonnenmoser have decided to part ways by mutual agreement. In addition to his function as CFO of CECONOMY, Florian Wieser will continue to act as Managing Director Finance of MediaMarktSaturn and has the full support of Convergenta Invest GmbH (Convergenta).