By Helena Smolak


Deutsche Boerse appointed Stephan Leithner as the company's new chief executive officer and chairman of its executive board for five years, effective from Oct. 1.

The German capital market company said Friday that Leithner replaces current CEO Theodor Weimer, whose contract expires at the end of 2024. Weimer and Leithner will each serve as co-CEOs until the end of the year.

Until Oct. 1, Leithner will be deputy chairman of the board.

Leithner has been a member of the executive board since 2018 and is currently also responsible for the pre- and post trading division, the company said. Prior to this, he held senior mandates at the private equity firm EQT, Deutsche Bank and McKinsey & Company.


Write to Helena Smolak at helena.smolak@wsj.com


(END) Dow Jones Newswires

03-08-24 1111ET