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

EquityStory AG
2012-02-13
09:59:50
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Borussia Dortmund GmbH & Co. KGaA
DE0005493092
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English
Deutschland

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 Phone: 0231/ 90 20 - 746 Fax: 0231/ 90 20 - 85746 E-mail: aktie@bvb.de 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

13.02.2012 09:59
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