EQS-News

Franz Weinberger appointed new CFO – all members of the future SIXT Management Board developed from the company's own ranks - Seite 2

 

Erich Sixt also thanked Prof Dr Kai Andrejewski for his commitment as CFO: "Kai Andrejewski is leaving the Management Board by best mutual consent and passes on a very well-ordered finance division. Over the past three years, which have been characterised by a high degree of macroeconomic volatility, SIXT has been able to further increase its resilience and achieve highly positive results with record EBT in 2022 and two consecutive revenue records in the last two financial years. We wish Kai Andrejewski all the best for his professional and personal future and are delighted that he will continue to support us in an advisory capacity and also remain committed to the Regine Sixt Children's Aid Foundation. At the same time, we are delighted that such a qualified successor like Franz Weinberger could be appointed, who is very familiar with SIXT. During his period as Head of Corporate Finance, SIXT was assigned the first credit rating (BBB, stable outlook) in the company's more than 110-year history, making SIXT one of the best-rated car rental companies in the world. Most recently, he was responsible for the placement of Sixt SE's first benchmark bond with a volume of EUR 500 million. With his wide-ranging experience and many years with the company, Franz Weinberger is predestined to contribute as CFO to continuing SIXT’s course of profitable growth."

 

CV Franz Weinberger

Franz Weinberger, who holds a doctorate in law, has been with SIXT for over 10 years and has already been responsible for many important projects of the Group. During his time in the legal department of Sixt SE, he provided legal support to the Annual General Meeting and the financing transactions. He also took a leading role in the IPO of Sixt Leasing SE, the sale of the DriveNow stake to the BMW Group and the sale of the stake in Sixt Leasing SE to a joint venture between Santander and Hyundai. During the Covid pandemic, Franz Weinberger led the financing discussions with banks and investors and assumed the position of Head of Corporate Finance. There he played a key role in developing the Sixt Group's financing strategy and managed the rating process with S&P, among other things. Before joining SIXT, Franz Weinberger was a lawyer specialising in corporate and capital markets law at the international law firm Taylor Wessing and advised on numerous M&A and financing transactions.