Deutsche Börse AG: Potential personal and structural changes to the Executive Board
April 24, 2018 at 11:45 am EDT
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DGAP-Ad-hoc: Deutsche Börse AG / Key word(s): Change of Personnel
Deutsche Börse AG: Potential personal and structural changes to the Executive Board
24-Apr-2018 / 17:40 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Deutsche Börse AG - Potential personal and structural changes to the Executive Board
The Nomination Committee of the Supervisory Board of Deutsche Börse AG has resolved in its meeting today to propose candidates for the appointment of three new Executive Board members to the Supervisory Board. It is planned that on Wednesday evening, 25 April 2018, the Supervisory Board discusses and possibly resolves on the proposals for appointment.
The new members of the Executive Board shall assume the three future Executive Board resorts Post Trading as well as Data and Index Business, Trading (includes all asset classes - however excluding cash market - and the clearing business) and the area of a Chief Operating Officer (COO) / Chief Information Officer (CIO).
In view of the expiring contracts of Andreas Preuss and Jeffrey Tessler the proposed reorganization of the Executive Board would result in an expansion of the Executive Board from currently five to six members.
Contact:
Ingrid Haas
Group Communications
Deutsche Börse AG
Telefon: +49 69 211 1 32 17
Martin Halusa
Group Communications
Deutsche Börse AG
Telefon: +49 69 211 1 29 01
E-Mail: media-relations@deutsche-boerse.com
24-Apr-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Deutsche Börse AG is one of the leading European stock exchanges. Net sales break down by activity as follows:
- trading services (44%): execution and management of operations on derivatives and in cash (shares, bonds, warrants, etc.; Xetra);
- compensation, payment-delivery, and conservation services and securities (41.2%);
- distribution of indexes and market data (14.8%). The group is also involved in development and implementation of IT solutions.
Net sales are distributed geographically as follows: European Union (53.1%), Europe (27.5%), America (13.4%) and Asia/Pacific (6%).