Deutsche B枚rse selects new chairwoman and executive directors
06 December 2024 Germany
Image: DachAI/stock.adobe.com
The supervisory board of Deutsche B枚rse has orchestrated a reshuffle of its members, first selecting Clara-Christina Streit as its new chairwoman.
Streit is to be elected at an extraordinary supervisory board meeting to be convened immediately after the next Annual General Meeting in May 2025, in which current chair Martin Jetter will resign.
Having joined as a member of the board in 2019, Streit also holds the position of chairwoman of the Government Commission German Corporate Governance Code, and chairwoman of the supervisory board of Vonovia.
Among the changes to the Deutsche B枚rse supervisory board, are the appointments of Christian Kromann and Jens Schulte as new executive board members.
From 1 January 2025, Kromann will become executive board member for Investment Management Solutions. The division comprises the software solutions, ESG data and research, and the index business of the group with SimCorp and ISS STOXX.
Stephan Leithner, who will become the sole CEO of Deutsche B枚rse at the beginning of next year, is currently responsible for this division.
Kromann will resign from his current position as CEO of the Deutsche B枚rse subsidiary, SimCorp, at the end of the year.
He has worked for SimCorp since 2019 and brings extensive experience from his 30-year career in the financial sector, predominantly in the software and data space.
Schulte will succeed Gregor Pottmeyer as chief financial officer of Deutsche B枚rse, and is currently CFO of thyssenkrupp. Prior to that, Schulte was CFO at Schott.
Commenting on the changes, the current chairman, Jetter, says: 鈥淲ith [these] appointments, the supervisory board has made forward-looking decisions for Deutsche B枚rse.
鈥淐hristian Kromann is an international leader that鈥檚 been pivotal in the growth of SimCorp as software-as-a-service champion. Jens Schulte is a proven financial and capital markets expert with extensive experience as CFO of leading international companies.鈥�
He also notes that Streit is 鈥渁n expert in corporate governance, has international experience and has known Deutsche B枚rse for a long time鈥�.
Leithner, co-CEO of Deutsche B枚rse, comments: 鈥淸Kromann and Schulte] will be excellent additions to the leadership team and as extremely experienced professionals they will take Deutsche B枚rse forward beyond their individual areas of responsibility.
鈥淭ogether, driven by our innovative strength and our responsibility to markets and customers, we will continue to implement our Horizon 2026 strategy for sustainable growth.鈥�
Streit is to be elected at an extraordinary supervisory board meeting to be convened immediately after the next Annual General Meeting in May 2025, in which current chair Martin Jetter will resign.
Having joined as a member of the board in 2019, Streit also holds the position of chairwoman of the Government Commission German Corporate Governance Code, and chairwoman of the supervisory board of Vonovia.
Among the changes to the Deutsche B枚rse supervisory board, are the appointments of Christian Kromann and Jens Schulte as new executive board members.
From 1 January 2025, Kromann will become executive board member for Investment Management Solutions. The division comprises the software solutions, ESG data and research, and the index business of the group with SimCorp and ISS STOXX.
Stephan Leithner, who will become the sole CEO of Deutsche B枚rse at the beginning of next year, is currently responsible for this division.
Kromann will resign from his current position as CEO of the Deutsche B枚rse subsidiary, SimCorp, at the end of the year.
He has worked for SimCorp since 2019 and brings extensive experience from his 30-year career in the financial sector, predominantly in the software and data space.
Schulte will succeed Gregor Pottmeyer as chief financial officer of Deutsche B枚rse, and is currently CFO of thyssenkrupp. Prior to that, Schulte was CFO at Schott.
Commenting on the changes, the current chairman, Jetter, says: 鈥淲ith [these] appointments, the supervisory board has made forward-looking decisions for Deutsche B枚rse.
鈥淐hristian Kromann is an international leader that鈥檚 been pivotal in the growth of SimCorp as software-as-a-service champion. Jens Schulte is a proven financial and capital markets expert with extensive experience as CFO of leading international companies.鈥�
He also notes that Streit is 鈥渁n expert in corporate governance, has international experience and has known Deutsche B枚rse for a long time鈥�.
Leithner, co-CEO of Deutsche B枚rse, comments: 鈥淸Kromann and Schulte] will be excellent additions to the leadership team and as extremely experienced professionals they will take Deutsche B枚rse forward beyond their individual areas of responsibility.
鈥淭ogether, driven by our innovative strength and our responsibility to markets and customers, we will continue to implement our Horizon 2026 strategy for sustainable growth.鈥�
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