DGAP-Ad-hoc: Borussia Dortmund GmbH & Co. KGaA / Key word(s): Change of Personnel Manager's service contracts with Hans-Joachim Watzke and Thomas Treß prematurely extended - Carsten Cramer appointed as further managing director
13-Feb-2018 / 14:09 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, 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 under the chairmanship of BVB president Dr. Reinhard Rauball has decided the Following:
1. The manager service contract of Hans-Joachim Watzke that was due to expire on December 31st, 2019 was prematurely extended until December 31st, 2022. Hans-Joachim Watzke remains as hitherto chief executive officer (CEO) and shall be further on primarily responsible for the company's strategy and the business divisions "Sports", "Communication" and "Human Resources".
2. The manager service contract of Thomas Treß that was due to expire on June 30th, 2020 was prematurely extended until June 30th, 2022. Thomas Treß remains as hitherto chief financial officer (CFO) and shall be further on responsible for the business divisions "Finance & Facilities" and "Organisation".
3. Former prokura holder Carsten Cramer was appointed as new managing director with effect from March 1st, 2018. His manager service contract runs until June 30th, 2022. Carsten Cramer has joint representative authority and shall be responsible for the business division "Sales & Marketing " and "Digitalization".
Dortmund, 13th February 2018
Borussia Dortmund GmbH & Co. KGaA Borussia Dortmund Geschäftsführungs-GmbH
Contact: Dr. Robin Steden Inhouse Counsel / Investor Relations
| 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 |