Ad-Hoc News
Employment contract of CEO Hans-Joachim Watzke prematurely renewed until 2019

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

11.08.2014 09:40

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group 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 December 31st, 2016 was extended now until December 31st, 2019.

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, 11th August 2014

Borussia Dortmund GmbH & Co. KGaA Borussia Dortmund Geschäftsführungs-GmbH

11.08.2014 The DGAP 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
                                        
End of Announcement DGAP News-Service