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Borussia Dortmund GmbH & Co. KGaA: Employment contract of CEO Hans-Joachim Watzke prematurely renewed until 2016

Borussia Dortmund GmbH & Co. KGaA / Key word(s): Change of Personnel

13.02.2012 09:59

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.

The Executive Committee of the Advisory Board of Borussia Dortmund Geschäftsführungs- GmbH has prematurely renewed the employment contract of the CEO Hans-Joachim Watzke. The employment contract that was due to expire on June 30th, 2014 was extended now until December 31st, 2016.

Hans-Joachim Watzke remains as hitherto chief executive officer (CEO) of Borussia Dortmund Geschäftsführungs-GmbH and primarily responsible for companys' strategy and the business divisions 'sports', 'communication' and 'sponsoring'.

He is exempted from the restrictions of § 181 BGB (German Civil Code).

Dortmund, 13th Feburary 2012 Borussia Dortmund GmbH & Co. KGaA Borussia Dortmund Geschäftsführungs-GmbH

13.02.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

Language: English
Company: Borussia Dortmund GmbH & Co. KGaA
Rheinlanddamm 207 - 209
44139 Dortmund
Germany
Internet: www.borussia-aktie.de
                                        
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