Dr Konstantin Mettenheimer to not stand for re-election to the GRENKE AG Supervisory Board at the Annual General Meeting on April 30, 2024
March 15, 2024 at 05:15 am EDT
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EQS-News: GRENKE AG
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Dr Konstantin Mettenheimer to not stand for re-election to the GRENKE AG Supervisory Board at the Annual General Meeting on April 30, 2024
15.03.2024 / 10:13 CET/CEST
The issuer is solely responsible for the content of this announcement.
PRESS RELEASE OF THE SUPERVISORY BOARD
Dr Konstantin Mettenheimer to not stand for re-election to the GRENKE AG Supervisory Board at the Annual General Meeting on April 30, 2024
Baden-Baden, March 15, 2024: Dr Konstantin Mettenheimer, member of the GRENKE AG Supervisory Board since July 2021 and its Deputy Chair since May 2023, has decided not to stand for re-election to the Supervisory Board at the Annual General Meeting on April 30, 2024. “GRENKE AG has successfully repositioned itself in the areas of governance, compliance and digitalisation over the past three years and is clearly back on track for sustainable earnings growth,” said Dr Mettenheimer, explaining his decision. “I believe the key tasks that I had the opportunity to contribute to have now been completed. In consideration of the other many tasks that await me, I have decided not to stand for re-election.”
Jens Rönnberg, Chair of the Supervisory Board of GRENKE AG: “We would like to thank Dr Mettenheimer for his important contribution during a difficult phase for the Company and wish him all the best for the future. After overcoming the challenges of the short-seller attack and the coronavirus pandemic, GRENKE has now cleared the path for profitable growth. The Supervisory Board views last year’s results as very solid and, at the same time, provide a promising basis for achieving the ambitious targets set for the current financial year. The key to our medium-term and sustainable success is our comprehensive digitalisation programme, which will make it possible for us to offer new plug-and-lease solutions. We expect to see the first benefits of this programme as early as next year.”
The GRENKE Group (GRENKE) is a global financing partner for small and medium-sized companies. As a one-stop shop for customers, GRENKE’s products range from flexible small-ticket leasing and demand-driven bank products to convenient factoring. Fast and easy processing and personal contact with customers and partners are at the centre of GRENKE’s activities.
Founded in 1978 in Baden-Baden, the Group operates in more than 30 countries and employs approximately 2,100 staff (measured in terms of full-time equivalents) worldwide. GRENKE shares are listed on the Frankfurt Stock Exchange (ISIN DE000A161N30).
15.03.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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Language:
English
Company:
GRENKE AG
Neuer Markt 2
76532 Baden-Baden
Germany
Phone:
+49 (0)7221 50 07-204
Fax:
+49 (0)7221 50 07-4218
E-mail:
investor@grenke.de
Internet:
www.grenke.de
ISIN:
DE000A161N30
WKN:
A161N3
Indices:
SDAX
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
Grenke AG, formerly Grenkeleasing AG, is a Germany-based leasing company. The Company divides business activities into three business segments: Leasing, Banking and Factoring. The Leasing segment provides financing to commercial leasing, rental, insurance, service, and maintenance offerings, as well as the disposal of used equipment. The Banking segment comprises the activities of Grenke Bank AG, which is a financing partner particularly to small and medium-sized companies, in addition to the provision of financing in the context of business start-ups, as well as fixed-term deposits with main focus on German customers. The Factoring segment contains the activities of Grenkefactoring GmbH, which performs traditional factoring services, focusing on small-ticket factoring in Germany. The Company operates through various subsidiaries, branch offices and franchises across Europe.