Borussia Dortmund GmbH & Co. KGaA: Contract of CEO extended
Borussia Dortmund GmbH & Co. KGaA / Key word(s): Change of Personnel/Contract
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The Executive Committee of the Advisory Board of Borussia Dortmund Geschäftsführungs-GmbH has prematurely extended the contract of the CEO Hans-Joachim Watzke. The contract that was due to expire on December 31st 2008 was extended by three years until December 31st 2011.
Hans-Joachim Watzke remains as hitherto chairman of the management and primarily responsible for companys' strategy and the business divisions 'sport', 'communication' and 'sponsoring'.
He is exempted from the restrictions of § 181 BGB (German Civil Code).
Dortmund, 15th June 2007 Borussia Dortmund GmbH & Co. KGaA Borussia Dortmund Geschäftsführungs-GmbH
15.06.2007 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 Phone: 0231/ 90 20 - 746 Fax: 0231/ 90 20 - 85746 E-mail: firstname.lastname@example.org Internet: www.bvb.de/aktie // www.aktie.bvb.de ISIN: DE0005493092 WKN: 549309 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service