Employment contract of CEO Hans-Joachim Watzke prematurely renewed until 2019
Borussia Dortmund GmbH & Co. KGaA / Key word(s): Change of Personnel
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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 44137 Dortmund Germany Phone: 0231/ 90 20 - 2746 Fax: 0231/ 90 20 - 852746 E-mail: firstname.lastname@example.org Internet: www.bvb.de/aktie // www.aktie.bvb.de ISIN: DE0005493092 WKN: 549309 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service