DGAP-News
IMMOFINANZ - announcement of successor to CEO
DGAP-News: IMMOFINANZ AG / Key word(s): Real Estate/Change of
Personnel
IMMOFINANZ - announcement of successor to CEO
06.06.2014 / 08:00
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Eduard Zehetner to hand over to Oliver Schumy on 1 May 2015
The Supervisory Board of IMMOFINANZ announced a successor to CEO Eduard
Zehetner: Oliver Schumy (43) will be appointed to the Executive Board of
this real estate corporation as of 1 March 2015 for a period of five years.
As of 1 May 2015 he will follow Eduard Zehetner as speaker of the Executive
Board. Eduard Zehetner's term of office, which would have expired on 30
November 2014, will be extended to 30 April 2015.
Oliver Schumy currently serves as Chief Financial Officer (CFO) of the
Mayr-Melnhof Group, where he was appointed in June 2008. He has extensive
operating experience in Russia, Poland, Romania and Hungary. Schumy holds a
doctorate in economics and previously worked for Mayr-Melnhof as Group
Finance Director and in other key functions in the areas of finance, tax,
group accounting and M&A.
"With Oliver Schumy we have found an excellent successor for the position
of Chief Executive Officer. He represents the continuation of IMMOFINANZ
Group's growth and optimisation strategy as the leading commercial property
investor and developer in Central and Eastern Europe", commented Michael
Knap, Chairman of the Supervisory Board of IMMOFINANZ. "On behalf of the
entire Supervisory Board, I would like to thank Eduard Zehetner for
extending his term of office as CEO to the end of the current 2014/15
financial year. This will ensure a smooth transition."
Eduard Zehetner (62) has been a member of the IMMOFINANZ Executive Board
since the end of November 2008 and CEO since February 2009. Following the
successful reorganisation and strategic reorientation of the Group, his
request was to transfer to a successor at the end of his contract.
On IMMOFINANZ Group
IMMOFINANZ Group is one of the leading listed property investors and
developers in Europe. The company is included in the leading ATX index of
the Vienna Stock Exchange and also trades on the Warsaw Stock Exchange.
Since its founding in 1990, the company has compiled a high-quality
property portfolio with a carrying amount of approx. EUR 7.4 billion. As a
"real estate machine", the company concentrates on linking its three core
business areas: the development of sustainable, specially designed prime
properties in premium locations, the professional management of these
properties and cycle-optimised sales. Following the spin-off of BUWOG,
IMMOFINANZ Group has a sharpened profile as a specialist for office, retail
and logistics properties in Central and Eastern Europe as well as Russia.
Further information under: http://www.immofinanz.com |
http://blog.immofinanz.com | http://properties.immofinanz.com
For additional information please contact:
MEDIA INQUIRIES
Bettina Schragl
Head of Corporate Communications | Press Spokesperson
IMMOFINANZ Group
T +43 (0)1 88 090 2290
M +43 (0)699 1685 7290
communications@immofinanz.com
INVESTOR RELATIONS
Stefan Schönauer
Head of Corporate Finance & Investor Relations
IMMOFINANZ Group
T +43 (0)1 88 090 2312
M +43 (0)699 1685 7312
investor@immofinanz.com
End of Corporate News
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06.06.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: IMMOFINANZ AG
Wienerbergstraße 11
1100 Wien
Austria
Phone: +43 (0) 1 88090 - 2291
Fax: +43 (0) 1 88090 - 8291
E-mail: investor@immofinanz.com
Internet: http://www.immofinanz.com
ISIN: AT0000809058
WKN: 911064
Listed: Freiverkehr in Berlin, München, Stuttgart; Frankfurt in
Open Market ; Wien (Amtlicher Handel / Official Market)
End of News DGAP News-Service
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272515 06.06.2014
The Supervisory Board of IMMOFINANZ announced a successor to CEO Eduard
Zehetner: Oliver Schumy (43) will be appointed to the Executive Board of
this real estate corporation as of 1 March 2015 for a period of five years.
As of 1 May 2015 he will follow Eduard Zehetner as speaker of the Executive
Board. Eduard Zehetner's term of office, which would have expired on 30
November 2014, will be extended to 30 April 2015.
Oliver Schumy currently serves as Chief Financial Officer (CFO) of the
Mayr-Melnhof Group, where he was appointed in June 2008. He has extensive
operating experience in Russia, Poland, Romania and Hungary. Schumy holds a
doctorate in economics and previously worked for Mayr-Melnhof as Group
Finance Director and in other key functions in the areas of finance, tax,
group accounting and M&A.
"With Oliver Schumy we have found an excellent successor for the position
of Chief Executive Officer. He represents the continuation of IMMOFINANZ
Group's growth and optimisation strategy as the leading commercial property
investor and developer in Central and Eastern Europe", commented Michael
Knap, Chairman of the Supervisory Board of IMMOFINANZ. "On behalf of the
entire Supervisory Board, I would like to thank Eduard Zehetner for
extending his term of office as CEO to the end of the current 2014/15
financial year. This will ensure a smooth transition."
Eduard Zehetner (62) has been a member of the IMMOFINANZ Executive Board
since the end of November 2008 and CEO since February 2009. Following the
successful reorganisation and strategic reorientation of the Group, his
request was to transfer to a successor at the end of his contract.
On IMMOFINANZ Group
IMMOFINANZ Group is one of the leading listed property investors and
developers in Europe. The company is included in the leading ATX index of
the Vienna Stock Exchange and also trades on the Warsaw Stock Exchange.
Since its founding in 1990, the company has compiled a high-quality
property portfolio with a carrying amount of approx. EUR 7.4 billion. As a
"real estate machine", the company concentrates on linking its three core
business areas: the development of sustainable, specially designed prime
properties in premium locations, the professional management of these
properties and cycle-optimised sales. Following the spin-off of BUWOG,
IMMOFINANZ Group has a sharpened profile as a specialist for office, retail
and logistics properties in Central and Eastern Europe as well as Russia.
Further information under: http://www.immofinanz.com |
http://blog.immofinanz.com | http://properties.immofinanz.com
For additional information please contact:
MEDIA INQUIRIES
Bettina Schragl
Head of Corporate Communications | Press Spokesperson
IMMOFINANZ Group
T +43 (0)1 88 090 2290
M +43 (0)699 1685 7290
communications@immofinanz.com
INVESTOR RELATIONS
Stefan Schönauer
Head of Corporate Finance & Investor Relations
IMMOFINANZ Group
T +43 (0)1 88 090 2312
M +43 (0)699 1685 7312
investor@immofinanz.com
End of Corporate News
---------------------------------------------------------------------
06.06.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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: IMMOFINANZ AG
Wienerbergstraße 11
1100 Wien
Austria
Phone: +43 (0) 1 88090 - 2291
Fax: +43 (0) 1 88090 - 8291
E-mail: investor@immofinanz.com
Internet: http://www.immofinanz.com
ISIN: AT0000809058
WKN: 911064
Listed: Freiverkehr in Berlin, München, Stuttgart; Frankfurt in
Open Market ; Wien (Amtlicher Handel / Official Market)
End of News DGAP News-Service
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272515 06.06.2014