DGAP-News: New Chairman of the Supervisory Board of Deutsche Wohnen AG
(firmenpresse) - DGAP-News: Deutsche Wohnen AG / Key word(s): Change of Personnel
New Chairman of the Supervisory Board of Deutsche Wohnen AG
05.07.2011 / 10:58
---------------------------------------------------------------------
Frankfurt/Main and Berlin, 5 July 2011. In the course of today's meeting of
the Supervisory Board of Deutsche Wohnen AG Mr Uwe E. Flach was elected as
the board's new Chairman. Mr Flach has been a member of the Supervisory
Board of the MDAX-listed residential property company since January 2008.
Uwe E. Flach: 'With its highly qualified management team and its excellent
image in the residential property sector Deutsche Wohnen AG rests on solid
foundations. I am in a very good position to judge the strategy and the
goals which define the management direction of Deutsche Wohnen. I find both
convincing and, for this reason, was happy to agree to become Chairman of
the Supervisory Board. In my new role I will continue to give the
Management Board my fullest support in their efforts to achieve growth.'
Mr Uwe E. Flach was born in 1943. Following a banking apprenticeship and a
degree in Business Administration he embarked on a career in investment
banking. After spending six years abroad with an American investment bank
in New York, Paris and London he became senior manager with responsibility
for consortium banking, capital markets and corporate finance at the DG
Bank AG in Frankfurt in 1977. In 1989 he became a deputy member of the
Management Board, and in 1991 a full board member with responsibility for
investment banking. At the DG Bank's successor bank, the DZ Bank AG, he was
the Deputy Chief Executive Officer from 2001 to 2003. Since 2004 he has
been an adviser to Oaktree in Germany.
Michael Zahn, CEO of Deutsche Wohnen AG: 'The new Chairman of the
Supervisory Board already knows our company very well. Mr Flach has always
provided us with his advice and support on all fundamental strategic
issues. He will bring his considerable expert knowledge and life experience
to bear during his term of office as Chairman of the Supervisory Board. We
are looking forward to working with him.'
Deutsche Wohnen
Deutsche Wohnen is Germany's second-largest listed residential property
company with a business focus on managing and developing its residential
property portfolio. The portfolio comprises 47,536 units in total, of which
47,095 are residential units and 441 are commercial properties. The Company
has 81.84 million shares listed in the Deutsche Börse's MDAX and is also
included in the leading indices EPRA/NAREIT and GPR 250.
Contact:
+49 (0)30 / 89786 - 551
End of Corporate News
---------------------------------------------------------------------
05.07.2011 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
---------------------------------------------------------------------
Language: English
Company: Deutsche Wohnen AG
Pfaffenwiese 300
65929 Frankfurt
DeutschlandPhone: +49 (0)30 89786-0
Fax: +49 (0)30 89786-507
E-mail: ir(at)deutsche-wohnen.com
Internet: http://www.deutsche-wohnen.com
ISIN: DE000A0HN5C6, DE0006283302
WKN: A0HN5C, 628330
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
130867 05.07.2011
Datum: 05.07.2011 - 10:58 Uhr
Sprache: Deutsch
News-ID 34537
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 172 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: New Chairman of the Supervisory Board of Deutsche Wohnen AG"
steht unter der journalistisch-redaktionellen Verantwortung von
Deutsche Wohnen AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
