DGAP-News: ARAGON AG: Wulf U. Schütz to leave Management Board of Aragon AG as of 31 May

DGAP-News: ARAGON AG: Wulf U. Schütz to leave Management Board of Aragon AG as of 31 May

ID: 145779

(firmenpresse) - DGAP-News: ARAGON AG / Key word(s): Change of Personnel
ARAGON AG: Wulf U. Schütz to leave Management Board of Aragon AG as of
31 May

14.05.2012 / 09:07

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- Wulf U. Schütz to leave Management Board of Aragon AG as of 31 May

- Acquisition-driven growth phase successfully completed - focus now on
enhancing operations

Wulf Ulrich Schütz, CFO of Aragon AG, will be leaving the company as of 31
May on the basis of highly amicable mutual agreement to take up a new
professional challenge in the near future. Following the successful
completion of the period of rapid external growth in recent years, the
Supervisory and Management Board of Aragon AG have agreed to reduce the
size of the Management Board.

Peter Brumm, a member of the Supervisory Board of Aragon AG, thanked Schütz
for his successful work. 'Wulf Schütz worked successfully and with absolute
dedication to help shape the further development and strategic positioning
of Aragon AG. On behalf of the entire Supervisory Board and his colleagues,
I wish him all the very best for his future professional and personal
career.'

Wulf Schütz voiced his thanks for the trust placed in him in recent years.
'The time at Aragon has been one of the most eventful periods in my
professional life. Above all, I will miss my colleagues at the company.
Having said that, I am also looking forward to channelling my energies into
a new exciting task in future.'

The finance department at Aragon AG will be led in future by COO Ralph
Konrad, who already headed this department until 2010.

'The strong growth at Aragon AG would not have been possible in this way
without Wulf Schütz', commented Dr. Sebastian Grabmaier, CEO of Aragon AG,
with regard to the change. 'The new Management Board structure is




nevertheless a logical consequence of the company's strategic alignment.
Following the strong growth seen in the first eight years since our
foundation, driven not least by external acquisitions, we are now entering
the integration stage, one in which we aim to focus on the Group's
operating performance and on our earnings strength. Mr. Konrad and I would
like to thank Wulf Schütz for his exemplary commitment and for the at all
times excellent, trusting working relationship we enjoyed together.'

About Aragon AG

Aragon AG is a broadly diversified financial services group with two
operating segments, Broker Pools and Financial Consulting, and an operating
Holding division. Within its segments, Aragon AG operates in the market
with several independently acting subsidiaries. The aim is to integrate
various sales models under one roof without infringing on the identity of
each individual sales operation. This leads to broad diversification across
numerous asset classes and distribution channels and, as a result, ensures
high earnings stability. Further information about the company and its
subsidiaries can be found at www.aragon.ag.

Contact:
Aragon Aktiengesellschaft

Ralf Funke
Investor Relations
Tel.: +49(0)611 890 575-0
Fax: +49(0)611 890 575-99
E-Mail: ir(at)aragon.ag


End of Corporate News

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14.05.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory 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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169614 14.05.2012


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Bereitgestellt von Benutzer: EquityStory
Datum: 14.05.2012 - 09:07 Uhr
Sprache: Deutsch
News-ID 145779
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